Earlier this month there were rumors that Apple wanted to take the manufacture of its iPhone to Vietnam. Finally, the country chosen to assemble its top-of-the-line iPhone in India, an Asian country where Foxconn already has a major factory, and which will create tens of thousands of jobs. Foxconn will invest 310 million euros and create 25,000 jobs in India This will be the first time that Foxconn, a Taiwanese company, will manufacture an Apple product in the country. India will manufacture the most expensive iPhone and the latest models, such as the iPhone X range. The factory is located in Sriperumbudur, a town in the southern state of Tamil Nadu. Foxconn currently manufactures mobile phones there for Xiaomi, and will invest about 310 million euros to expand the plant. This investment will create some 25,000 new jobs. This is an important change of direction of Apple, which is further away from China where recently has been issued a ban on the sale of iPhone that did not come with iOS 12 series. Until now, Apple had only assembled models such as the iPhone SE and the 6S in India through Wistron Corp at the Bangalore technology center. This is because the presence of Apple in the country has focused on selling their most affordable phones. In fact, more than half of Apple's sales in the country come through terminals older than the iPhone 8, launched in 2016 or earlier. Thus, this new Foxconn plant could revitalize mobile phones such as the iPhone X to sell it cheaper in India to increase its market share in the country where mobile sales are growing the most in the world. This is important for the company, since a month ago they launched predictions where they expect to sell less than expected at Christmas, which made the manufacturers and suppliers of components of the company very nervous. Foxconn itself has expressed concern in the past about the low demand of Apple's latest mobile phones because of its high price. The details of this operation have been revealed by Reuters, but neither Apple nor Foxconn have confirmed anything, and the agreement could be subject to change.
