‘Foxconn to begin assembling top-end Apple iPhones in India in 2019’

iPhone XR Accounted for 32 Percent of Total iPhone Sales in First Month of U.S. Availability

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The plant in question is located in the town of Sriperumbudur, in the southern state of Tamil Nadu.

Hon Hai, known internationally as Foxconn Technology Group (富士康科技集團), is to assemble the most expensive models, such as devices in the flagship iPhone X family, the source said.

The company was planning to invest US$356 million (NT$10.9 billion) and create an estimated 25,000 jobs, a Tamil Nadu government minister told Reuters. Moreover, Foxconn - a Taiwanese company is already manufacturing smartphones for Xiaomi.

Apple's decision to manufacture iPhones in India likely stems from the ramifications of the ongoing trade war between the US and China, started by President Donald Trump earlier this year.

The Hindu recently reported it, wherein the newspaper underlined that Foxconn plant would be initiating the production of several iPhones.

Apple's high-end iPhone production is moving to India next year, according to a new report. Last year, the figures revealed that 86% of new iPhone units were bought in the states to upgrade an older model, and 11% switched from Android.

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Apple launched the pricey iPhone X last year, but has cut production of that phone since it began selling the newer versions, iPhone XS and XR, globally this year, industry analysts have said. This was behind the iPhone XS and iPhone XS Max which combined accounted for a total of 35 percent market share.

Complete details about Apple's deal with Foxconn are not yet clear.

Apple spokeswoman Trudy Muller declined to comment.

The decision to move assembly from China to India could be prove to be critical to keeping iPhone costs down. It is however unclear whether the production will be confined to assembly or include any component production in the country.

Foxconn has previously admitted the China-U.S. trade spat was its biggest challenge and that its senior executives were making plans to counter the impact.

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