Apple was likely to start assembling its iPhone 6s models in India via Wistron soon, as it looks to cut costs and diversify its production base beyond greater China. Apple and Wistron declined requests for comment. Wistron is likely to use at least a part of this land to set up new assembly lines for Apple, the sources said. Last month, India raised import taxes on products like mobile phones and TVs, forcing Apple to raise prices for most iPhone models except SE. India is key to Apple’s ambitions for a bigger global market share as smartphone sales have slowed in more mature markets.

Source: Mint January 31, 2018 10:41 UTC