Due to government policies, producing the phone within India can cut its price by 5 to 7 percent, though Apple will need to produce India's entire demand for the model within the country to see the full savings.
Apple may start iPhone 6S Plus production at a new factory in southern India to lower the model's price, local media outlet The Economic Times reported today. It has set up a new assembly for the production of iPhone 6s Plus.
Partner Wistron has already started trial production of the iPhone 6s Plus at its Bengalore plant, where it has been assembling the iPhone SE since past year. As per the report, Apple has already begun trial production of the iPhone 6S Plus at the Wistron facility in Bengaluru. It might soon be time for the iPhone 6S Plus to be similarly shielded from import tax fluctuations.
So even if Apple assembles iPhones in India, the customs duty on imported components will keep the expenses high, according to IBTimes. With increased local production, the prices will eventually get corrected, a source revealed to the publication. However, in the refurbished smartphone market, Apple is now the king, and India is one of those regions where such category of mobile phones are sold in massive volumes. This will also allow the iPhone to fall in the same price segment as a OnePlus phone or some Samsung phones.
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Another way for Apple to cut additional costs would be to make parts and packaging all within India as well.
Earlier this month, the Indian government also announced a 10 percent customers city on circuitboards, connectors, camera modules, and other parts, The Economic Times reports.
An industry executives said Salcomp is into manufacturing of chargers and adapters for iPhones, while Shenzhen YUTO Packaging manufactures packaging products.
The iPhone 6s and iPhone 6s Plus continue to be two of the most popular devices belonging to Apple and their hardware plus functionality speak volumes of their mobile computing prowess.