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Apple plans to make iPhones in Bengaluru, says Karnataka’s Minister of State for IT Priyank Kharge

Priyank Kharge, Karnataka's Minister of State for IT informed about Apple's plans to start manufacturing IPhones in Bengaluru

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Bengaluru, Feb 3, 2017: Apple plans to make its iPhones in Bengaluru, said Karnataka’s Minister of State for IT Priyank Kharge on Thursday.

“An Apple team discussed with us its proposal to set up a plant in Bengaluru to make iPhones for the Indian and global markets,” said Kharge in a statement here.

An Apple team, led by iPhone Operations Vice-President Priya Balasubramaniam, Government Affairs Head Ali Khanafer, iPhone Operations Director Dheeraj Chugh and Country Counsel Priyesh Povanna discussed the proposals with the state officials in the presence of the minister.

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“We welcome Apple’s proposal to commence initial manufacturing operations in Karnataka. Its intentions to make iPhones in Bengaluru will foster the cutting-edge technology ecosystem and supply chain development in the state, which are critical for India to compete globally,” said Kharge.

“Apple’s decision to make iPhones in Bengaluru has enhanced the city’s reputation as the most preferred destination for foreign investment and validation of our policies to foster manufacturing, innovation and investments in the state,” he said.

The Silicon Valley-based global firm has been eyeing the India for a greater pie of its growing smartphones market, in which it sold 2.5 million iPhones as against a whopping 29 million by its Korean rival Samsung.

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Apple ships iPhones to India from Foxconn Technology firm in China and sells them through distributors and retailers, besides iStore and Imagine stores.

Though the central government has told Apple that it would have to source 30 per cent of its components from Indian suppliers, Apple is seeking a 15-year tax holiday on import of components and equipment.

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With many states wooing Apple for its Indian plant in their cities, the iPhones maker has been exploring a best deal, including tax reliefs and exemptions from local sourcing. (IANS)

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Apple To Launch iPhone XR To Get Sales: Analyst

The affordable iPhone XR has a 6.1-inch LCD screen with liquid Retina display.

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Apple's cheaper iPhone XR to generate more revenue: Analyst Flickr Commons

Apple is likely to sell its new and cheaper iPhone XR faster than the luxury iPhone XS and XS Max, an Apple analyst has claimed.

According to Ming-Chi Kuo, an analyst with TF International Securities who often accurately predicts Apple’s future device plans, more people would upgrade to the iPhone XR this year.

iPhone XR would go on sale in India from October 19 and would be in stores on October 26, starting at Rs 76,900 for the 64GB storage variant.

Apple
Phil Schiller, Apple’s senior vice president of worldwide marketing, speaks about the new Apple iPhone XS, iPhone XS Max and the iPhone XR at the Steve Jobs Theater during an event to announce new Apple products, Sept. 12, 2018, in Cupertino, Calif. (VOA)

According to a MacRumor report on Monday, Kuo said that Apple is now expected to ship 36 to 38 million iPhone XR units in the fourth quarter of 2018, up 10 per cent from an original estimate of 33 to 35 million units.

In a note to investors, Kuo also said Apple would continue to offer 5.8 and 6.5-inch OLED iPhones in 2019, along with one 6.1-inch LCD model.

Kuo has also revised his estimate for total iPhone shipments to 78 million to 83 million units from his earlier 75 to 80 million.

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A demonstration of the newly released Apple products is seen following the product launch event at the Steve Jobs Theater in Cupertino, California, U.S. Sept. 12, 2018. (VOA)e

Apple sold 77.3 million iPhones in the same period in 2017.

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“We believe that replacement demand for XR will be better than it was for the iPhone 8 series last year because of XR’s larger display, longer battery life, dual-SIM support, and new form factor design,” Kuo said in the note to investors.

The affordable iPhone XR has a 6.1-inch LCD screen with liquid Retina display and aluminium body instead of a steel one. (IANS)