Apple iPhone XR, a well known cameraphone from the US-based technical giant which was launched last year, is now getting assembled in India. Like per the information, Apple has presently started selling locally assembled iPhone XR in the Indian market.
The company’s iPhone XR boxes with an “Assembled in India” tag were seen on Monday in many of the country’s electronic product retailers, like Croma, with a value tag of ₹49,900 (roughly £542) for the 64GB version.
It seems to be like the manufacturer is searching to expand its market share in India, the world’s second-largest smartphone market. The manufacturer has been struggling in India mostly due to the fact of the pricing of iPhones and India is now a hub of value-for-money offerings from the Chinese brands.
If the information are to be thought, then the Apple iPhone XR are being assembled at the contract manufacturer Foxconn’s India factory in Chennai. This is being done by Apple to avoid high levies on the import of fully-built devices like effectively like to meet local sourcing norms for opening its own retail stores in India.
Information indicate that the company is coming to save over 20 percent on import duties like it starts assembling gadgets in India. The development moreover arrives at a time after the United States and China are involved in a trade war and thus Apple is presently looking for alternatives to manufacturing phones in China.
Thus, companies as Apple are currently searching to use India like an export hub to soften the impact of an ongoing trade war between the United States and China. Noted this year, Reuters had alleged that Apple would start assembling its top-end iPhones in India.