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IPhone XR is now being assembled locally in India, may get cheaper

The India price of the iPhone XR may get cheaper as the "affordable" iPhone starts assembling in locally at Foxconn's India factory.

23rd October 2019 | 02:30 PM (IST)
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Apple has began promoting its well-liked iPhone XR telephones assembled in India, because it seems to develop its share on this planet’s second-largest smartphone market the place it has struggled towards cheaper merchandise from rivals.

The telephones are being assembled at Taipei-based contract producer Foxconn’s India factory, helping the Cupertino, California-based company avoid high levies on the import of fully-built devices as well as meet local sourcing norms for opening its own retail stores in India.

iPhone XR boxes with an “Assembled in India” tag were seen on Monday in many of the country’s electronic product retailers, including Croma, with a price tag of Rs. 49,900 for the 64 GB version.

The company has slashed iPhone XR prices in India to counter a prolonged sales slowdown amid fierce competition from premium smartphones from Samsung and OnePlus.

Earlier this year Reuters had reported that the company would assemble its top-end iPhones in India.

Apple did not immediately respond to a request for comment.

Prime Minister Narendra Modi’s government has tried to position South Asia’s third-biggest economy as a hub for smartphone manufacturing.

Companies such as Apple are also looking to use India as an export hub to soften the impact of an ongoing trade war between the United States and China.

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23rd October 2019 | 02:30 PM (IST)
3 views | 3+ Shares
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