MUMBAI: Apple Inc has increased the prices of most of its iPhone models sold in India after the government last week raised taxes on imported phones in a bid to boost domestic manufacturing. Barring its locally-assembled iPhone SE model, Apple raised prices of iPhone handsets by an average 3.5%, according to a price sheet reviewed by Reuters. Its priciest iPhone X model now costs 105,720 rupees (RM6,714) for a 256 gigabyte (GB) variant, according to Apple's India website, an increase of 3.6%. Apple's Taiwanese contract manufacturer, Wistron, assembles the iPhone SE in the technology hub of Bengaluru in southern India. Basic or feature phones still comprise a large chunk of India's roughly 750 million mobile phones, although sales of smartphones are growing faster.

Source: The Star December 19, 2017 05:37 UTC