Apple will be producing smartphones in India with the purpose of capturing a slice of the growing phone market. Apple’s partner Wistron is expected to assemble iPhone SE units in a new facility in Bengaluru, at a plant built solely for this purpose.
Production will begin before the Indian government decides on Apple’s proposed economic concessions, although Apple didn’t officially say what concessions it’s aiming for. Reports say that the company is seeking lower tax rates and duty considerations.
Apple might have big long term plans in India
The report quotes an Indian government official whic… (read more)
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