Foxconn, which produces Apple iPhones in China, is to start mass production of high-end iPhones in India this year by initially investing $300m to set up and scale production. This marks a shift in Apple's Indian strategy; the firm previously only manufactured inexpensive iPhone models in the country. The move comes as China has been trying to boost its manufacturing capacity for smartphones, with plans announced last month to build more than one million new smartphones per year.
Foxconn, which produces Apple iPhones in China, is to start mass production of high-end iPhones in India this year by initially investing $300m to set up and scale production. This marks a shift in Apple's Indian strategy; the firm previously only manufactured inexpensive iPhone models in the country. It's suggested Apple is seeking to boost sales of its iPhone models in India and improve brand perception there.