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Report: Foxconn to start assembling X-model iPhones in India

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Report: Foxconn to start assembling X-model iPhones in India

Foxconn Technology Co. Ltd. plans to expand a production facility in India to start assembling X-model Apple Inc. iPhones there in 2019, Reuters reported Dec. 27, citing a source with knowledge of the matter.

The Taiwanese company, which already manufactures smartphones for Xiaomi Corp. in India, intends to spend 25 billion Indian rupees ($356 million) to expand its plant in the Indian state of Tamil Nadu, state industries minister M.C. Sampath told Reuters.

Another Apple manufacturer already assembles the lower-end iPhone SE and iPhone 6S models in India. Bloomberg News recently reported that Apple suppliers were considering shifting iPhone production out of China to avoid potential U.S. tariffs on Chinese-manufactured devices.

As of Dec. 26, US$1 was equivalent to 70.07 Indian rupees.