Tata Group, one of the largest industrial corporations in India by capitalization and revenue, acquires a production line from the Taiwanese company Wistron to be able to assemble the iPhone 15 and 15 Plus in the Indian state of Karnataka.
Apple currently has three contract manufacturers in India, Foxconn, Pegatron and Luxshare. The fourth partner was Wistron, which intends to close operations in India as soon as Tata Group takes delivery of its plant, writes Gizmochina.
Experts remind that not long ago Apple opened the doors of two offline stores in Mumbai and Delhi and in general India is the second largest market for smartphones where Apple is constantly increasing its presence so analysts are surprised by Wistron’s desire to exit the iPhone assembly business in India. .
According to the portal, Tata Group has already received orders for the next-generation iPhone 15 and 15 Plus models, which are scheduled to debut later this year. This indicates that the first wave of deliveries of the new series will come from India.
Research firm Trendforce says that the Indian conglomerate will only have a small stake in the production of the iPhone 15 and 15 Plus (around 5% of each model).
70% of traditional models will be assembled by Foxconn, 25% by Luxshare. 60% of the Plus models will be assembled by Luxshare, 35% by Pegatron. Foxconn will rely 70% on the assembly of the iPhone 15 Pro and Pro Max, Pegatron will assemble 30% Pro and Luxshare 30% Pro Max.
Trendforce analysts are confident that a small percentage for a “newcomer” is standard policy for Apple, but if all goes well during this “pilot step”, Tata Group will be able to increase the percentage of iPhone production next year.
Author:
Ekaterina Alipova
Source: RB
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