Apple to start making iPhones in Bangalore
Apple is not doing great in China these days, but another market might soon take its place. The Indian smartphone market is expanding rapidly, and this trend will not change for a while, so Apple decided to take it seriously and open a local iPhone manufacturing plant.
According to Indian information technology minister Priyank Kharge, "Apple’s iPhones will be made in Bangalore and all devices will be targeted at the domestic market." The local Apple factory is expected to being production by the end of April and will be run by Wistron.
Apple confirmed back in late January that the most recent meeting with the Indian government was "constructive," but the talks between the two parties have been taking place for several months already. After a few days, the iPhone maker confirmed that the talks have moved on to the "almost a done deal" status.
Back in 2016, Apple managed to sell 2.5 million iPhone handsets in India, but this only accounted for a 2 percent share of the market. However, it was Apple's best year so far in India, and a locally produced, cheaper iPhone could help the company increase its market share.