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Foxconn may begin assembling top-end Apple iPhones in India in 2019
Reuters ^ | 27 Dec 2018 | Reuters

Posted on 12/27/2018 5:38:10 AM PST by Cronos

Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source familiar with the matter.

Importantly, Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone X family, the source said, potentially taking Apple's business in India to a new level

Foxconn, which already makes phones for Xiaomi Corp in India, will invest 25 billion Indian rupees ($356 million) to expand the plant, including investment in iPhone production, Tamil Nadu's Industries Minister M C Sampath told Reuters.

The investment may create as many as 25,000 jobs, he added.

Another source also said Foxconn planned to assemble iPhones in India, in a move that could help both it and Apple to limit the impact of a trade war between the United States and China ..


(Excerpt) Read more at economictimes.indiatimes.com ...


TOPICS: Business/Economy; Foreign Affairs; US: Wisconsin
KEYWORDS: apple; china; foxconn; india; iphone; taiwan; terrygou; xiaomi

1 posted on 12/27/2018 5:38:10 AM PST by Cronos
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To: Cronos
Apple should be looking for more ways to pay back the American public for making them so successful. At least Foxconn is Taiwanese, and not mainland China. Nonetheless, it's ridiculous that such a huge American company is exporting jobs.
2 posted on 12/27/2018 5:53:08 AM PST by neverevergiveup
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To: Cronos

Now idiot Apple worshipers will be able to spend exorbitant amounts of money on phones that spy for BOTH China and India.


3 posted on 12/27/2018 8:57:03 AM PST by MeganC (There is nothing feminine about feminism.)
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To: Cronos

Yes!

Much better partner for the US.


4 posted on 12/27/2018 8:59:00 AM PST by 9YearLurker
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To: Cronos

As China loses business due to their bad practices other developing nations will be happy to take up the slack. And the US will benefit as well.


5 posted on 12/27/2018 9:03:11 AM PST by jdsteel (Americans are Dreamers too!!!)
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To: Cronos

Too bad they couldn;t build ‘em here in Little India or as its known locally as Slickcon Valley.


6 posted on 12/27/2018 9:28:43 AM PST by NormsRevenge (Semper Fi - Monthly Donors Rock!!!)
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To: Cronos

Racist! European Whites should have to make iPhones too!


7 posted on 12/27/2018 6:07:46 PM PST by keving (We the government)
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To: Cronos

I thought they were going to make them in Wisconsin. Did Ryano screw it up?


8 posted on 12/27/2018 6:09:41 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: keving
European whites DO make a significant part of each iPhone

And assemblers: Foxconn maintains factories in countries across the world, including Thailand, Malaysia, the Czech Republic, South Korea, Singapore, and the Philippines.

9 posted on 12/27/2018 6:58:45 PM PST by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
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To: NormsRevenge

Silicon valley is now more about design, software development etc rather than manufacturing. Remember that as manufacturing gets increasingly automated, the number of jobs decrease


10 posted on 12/27/2018 7:00:43 PM PST by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
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