Production is scheduled for 2019.

Apple has agreed with the chief iPhone assembler, Foxconn, to begin assembling smartphones in India in 2019, writes Reuters. It is reported that Foxconn will build the older models of the iPhone, which would then enter into the Indian market and other developing countries. Experts believe that such cooperation Apple and Foxconn will benefit consumers.

According to Reuters, Foxconn intends to invest $356 million in the launch of new production capacities in India. Foxconn is negotiating with Apple about the iPhone Assembly in India, which will benefit not only both parties but also the country. According to experts, the launch of iPhone in India will provide the citizens of the country more than 25,000 jobs.

The new partnership of Apple and Foxconn in India will have a positive impact on consumers, experts say. First collected in India, the smartphones will be sold in the country at a reduced price.

Secondly, part of the smart phones from the new batch will go to other developing countries. In particular, we are talking about iPhone two-three years ago, the reserves of which in many countries come to an end. New supplies will satisfy demand of consumers, and will also affect the reduction of the cost of specific iPhone models.

Source: Reuters.

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