MUMBAI: Apple Inc will in the coming months start assembling its lower-priced iPhone SE models at a contract manufacturer's plant in the southern Indian technology hub of Bengaluru, an industry source with direct knowledge of the matter said. The industry source told Reuters the initial manufacturing of the iPhone SE model was not contingent on those concessions. The Economic Times newspaper earlier on Feb 17 reported Apple planned to initially assemble 300,000 to 400,000 iPhone SE handsets in India. The industry source told Reuters the numbers would be substantially lower to begin with. In comparison, the entry level iPhone SE model sells on Amazon.com's India site for 28,433 rupees (RM1,891).

Source: The Star February 17, 2017 08:57 UTC