Published: Mon, December 31, 2018
Electronics | By Shannon Stone

More Android Users Are Buying iPhones Than Last Year

More Android Users Are Buying iPhones Than Last Year

According to Reuters, Apple India will most likely assemble the latest top-tier iPhones in India through the local unit of Foxconn - the Taiwanese manufacturer, who now assembles iPhones in China and Xiaomi phones in India. At the same plant, Foxconn manufactures smartphones for Chinese OEM Xiaomi.

For this, Foxconn will invest 25 billion Indian rupees ($356 million) to expand the plant, including investment in iPhone production. According to a survey report emerging from the U.S., there has been an increase in the number of people buying iPhone XR, who were earlier users of Android phones. At this moment, Apple is producing its iPhone SE and iPhone 6S series in India.

It should be noted that it's now unknown whether Foxconn is planning to move its existing iPhone assembly from China to India. Furthermore, India is "the world's fastest growing major mobile phone market", according to the Reuters report.

The brokerage that has "sell" ratings on iPhone assemblers Hon Hai Precision Industry and Foxconn Technology, said it sees Hon Hai as particularly vulnerable, with higher exposure to the new models.

For the 30 days following the launch of the iPhone XR in October 2018, Apple has managed to attract more Android users to its phone in the United States. Foxconn's Longhua Science and Technology Park in Shenzhen, China, is now producing the majority of the iPhone devices for Apple. The firm, which maintains the bulk of its manufacturing operations in China, has named the trade dispute between Washington and Beijing as the single biggest challenge facing its business.

As per Counterpoint, Apple has emphasised on retailing lower-end phones in the Indian market as the fact that more than half of its sale volume is driven by models older than iPhone 8.

Three sources cited by Reuters today said the company has tapped Foxconn for the project.

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