Economic Times: Apple begins iPhone 6s production in India

Economic Times: Apple begins iPhone 6s production in India

It's been reported for a long time that Cupertino-based tech giant Apple is planning to start the production of its iPhone 6s Plus in India. Local manufacturing could cut prices by 5-7 percent, according to the report, if Apple manages to make all iPhone 6S Pluses sold in the Indian market domestically.

The iPhone SE, which is Apple's most affordable iPhone in India, has been locally assembled since May a year ago. If prices drop that low, iPhones could become as affordable as OnePlus phones or certain Samsung phones, The Economic Times notes.

Apple shares are up 0.4% to $174.87. The phone was insulated from the recent price hike thanks to an increase in custom duty on smartphones from 15 per cent to 20 per cent in February.

The iPhone 6S Plus is one of the more popular iPhones in India. The iPhone 6S Plus will be similarly protected, so here's hoping the brand adjusts the figure accordingly.

Once local capacity rises, the costs should get corrected as Apple won't be dependent on Chinese imports. In India, the iPhone SE can be bought for as low as Rs 18,799, while the iPhone 6S Plus can be found at Rs 37,999 on ecommerce platforms like Amazon India.

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Apple plans to start manufacturing another iPhone in India, according to a new report. However, in the refurbished smartphone market, Apple is now the king, and India is one of those regions where such category of mobile phones are sold in massive volumes.

Meanwhile, Apple has expanded local sourcing initiative to two more partners in India, which now includes chargers, adapters and packaging boxes.

To make matters worse, the administration slapped a 10% custom duty on parts like printed circuit boards recently.

In India, the nearly three-year-old iPhone 6S Plus remains popular as it costs less than other flagships like the iPhone 8 or X but has numerous same core features such as a 5.5-inch retina display, a 12-megapixel camera, and 4K video recording. However, this may not happen immediately since Wistron won't be able to fully meet the requirements for the iPhone 6S Plus straight out of the gate.

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