Apple to soon make iPhone 12 in India

Published On: Monday, March 8, 2021 | By: Team KnowMyStock

Apple Inc. will manufacture iPhone 12 in India soon, its latest model launched in India on October 30 last year, a few weeks after the global release. iPhone 12 will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu — both for the domestic as well as the export market. The unit also manufactures iPhone 11, which is the bestseller in India, as well as iPhone XR. An Apple India spokesperson did not respond to a query on the issue. Apple Inc. has tied up with three global vendors — Foxconn, Pegatron, and Wistron — under the production-linked incentive scheme to manufacture in India with huge commitments to export. Currently, Wistron and Foxconn are in operation in India, while Pegatron’s unit is expected to come up sometime in the middle of next year, say sources. According to analysts, Apple Inc. is expected to shift 7-10 percent of its capacity from China.

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