We recently came across the news that one of Apple’s contract manufacturer, Wistron, had started making the iPhone 7 in India, and well, a new report suggests that Foxconn, another contract manufacturer for Apple, will start producing iPhone X units from its Chennai factory. The report says that Foxconn has been doing iPhone X production trial runs at the Chennai factory for quite some time now, and starting July 2019, it will start producing the iPhone X.
However, if you are thinking that the production of the iPhone X in the country would result in a price cut, well, the report suggests otherwise. According to the report, Apple has no plans to lower the prices of the iPhone X, which is currently available in India at around Rs. 75,000. In fact, Apple is reportedly use the higher margins from manufacturing the phone in India to increase revenues.
