Apple will reportedly manufacture the iPhone 16 Professional inside weeks of its world launch at its manufacturing amenities in India. This can give the corporate’s manufacturing efforts a significant push within the nation.
To this point, the Cupertino large has solely manufactured non-Professional iPhones in India.
Foxconn will quickly assemble the iPhone 16 Professional in India
Apple has ramped up its manufacturing efforts in India after the COVID-19 pandemic. Working intently with its supply-chain companions, the corporate has arrange a number of manufacturing amenities within the nation to assemble iPhones. However its efforts up to now have solely targeted on manufacturing the non-Professional fashions, as they’re simpler to assemble. India nonetheless lacks a provide chain as subtle as China, making it tough for the corporate to assemble its cutting-edge units.
Nevertheless, if Bloomberg‘s August 20 report is something to go by, Apple is ready to show issues round. It claims Foxconn will assemble iPhone 16 Professional models in India inside weeks of the worldwide launch. Apparently, the corporate has already began coaching its staff on the Tamil Nadu manufacturing facility for this.
Apple’s different companions, Tata and Pegatron, ought to observe quickly after. Initially, the corporate goals to fulfill native demand with the Indian-manufactured models.
A Cash Management report from late July first claimed that Apple wished to assemble iPhone 16 Professional models regionally in India.
iPhone 16 Professional may carry a lower cost tag
Apple presently imports the Professional iPhone fashions in India. This topics them to further duties and taxes, making them dearer. The iPhone 15 Professional prices Rs 1,29,800 ($1,622), whereas costs for the Professional Max variants begin from Rs 1,54,000 ($1,900). In comparison with the US, these costs are exorbitantly increased.
The report claims Apple may scale back the costs of the iPhone 16 Professional fashions by as much as 10% due to native meeting. Whereas the telephones would nonetheless be among the many costliest smartphones bought within the nation, it ought to nonetheless be a welcome enchancment.
It must also assist additional gasoline the nation’s quickly rising iPhone demand. Apple gross sales soared by 33% to an all-time excessive in India in FY 23-24, and so they’re on observe to set one other file within the present 12 months.