Apple Starts Assembly Of iPhone 12 In India
Apple Inc. is commencing assembly of its iPhone 12 model in the country, a move that is expected to help the U.S. giant improve its position in the burgeoning smartphone market in India.
Apple has partnered with third-party manufacturers like Foxconn and Wistron to make some of its phones in India. These include iPhone SE, iPhone 10R and iPhone 11.
"Apple is dedicated to making the best products and services in the world to delight our customers...We are proud to be starting production of iPhone 12 in India for our local customers, Apple said in a statement.
While the Cupertino-based company did not name the supplier partners, sources told PTI that Foxconn will be making the iPhone 12 at a facility in Tamil Nadu.
Apple had started manufacturing iPhones in India in 2017 with iPhone SE.
In a tweet, Electronics and IT Minister Ravi Shankar Prasad said: "Nice to see our efforts to make India a big hub of mobile and components manufacturing is attracting global attention. This will create jobs in large numbers."
Apple, which competes with players like Samsung and OnePlus in the premium smartphone segment, has been aggressively ramping up its presence in the Indian market.
Apple's India revenue jumped 29% year-on-year in financial year 2020, while its net profit surged to Rs 926.2 crore, as per regulatory documents.