ZEE Business
ZEE BUSINESS
Live TV
Live TV
  • India
    • Economy
    • Politics
    • Markets
  • World
    • Economy
    • Politics
    • Markets
  • Companies
    • Auto
    • Banking & Financial Services
    • Pharma
    • Energy
    • Infrastructure
    • Media
    • IT
    • Telecom
    • Consumer Products
    • Aviation
    • FMCG
  • Market
    • Mutual Funds
    • Commodity
  • Personal Finance
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
  • Technology
  • Automobile
    • Cars
    • Bikes
  • Small Business
    • SME
    • Startups
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
    • AUTHORS
Home » Companies News

Apple's iPhones to be manufactured from Bengaluru's Wistron plant

The Karnataka government has hinted at iPhones being produced from the Apple's partner Wistron Corp at the Bengaluru assembly plant being set up.

  • Twitter
  • Facebook
  • GPlus
Apple's iPhones to be manufactured from Bengaluru's Wistron plant
Apple logo on display at it's office in California. Photo: Reuters
By ZeeBiz WebTeam
Updated: Fri, Feb 03, 2017
08:36 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Samsung Electronics dethrones Apple as top global semiconductor chip buyer in 2016 Samsung Electronics dethrones Apple as top global semiconductor chip buyer in 2016
Apple plans to make iPhones in Bengaluru: Minister Apple plans to make iPhones in Bengaluru: Minister
Apple CEO Tim Cook says demonetisation move still an overhang, but a 'great move' Apple CEO Tim Cook says demonetisation move still an overhang, but a 'great move'
Apple removes 'Activation Lock' tool from iPhone, iPod & iPad  Apple removes 'Activation Lock' tool from iPhone, iPod & iPad
Apple sues Qualcomm in China over patent licensing practices Apple sues Qualcomm in China over patent licensing practices

Apple's manufacturing partner in India Wistron Corp will be setting up an assembly plant in Bengaluru to focus solely on iPhones, a source familiar with the matter told Reuters on Friday.

Apple and the Indian government were, however, still discussing “the repatriation of long-term profits from local sales and exports”, the report further said.

The Karnataka government on Thursday said that it welcomed Apple's proposal to begin initial manufacturing operation in Bengaluru, which hinted at the move forward of plans to assemble iPhones in India.

“Apple's intentions to manufacture in Bengaluru will foster a cutting edge technology ecosystem and supply chain development in the state, which are critical for India to compete globally," the Karnataka government said in a statement.

Karnataka IT Minister Priyank Kharge told Reuters on Friday he believes Apple will “tentatively begin manufacturing iPhones in the state by the end of April, or beginning of May.”

A second source familiar with matters told Reuters, however, that no agreement, or memorandum of understanding has so far been finalised with the Karnataka government.

The person, who also asked not to be named, said if Apple did go ahead with plans to begin assembling the iPhone, it was likely to do so initially at the plant being set up by Wistron at Peenya on the outskirts of Bengaluru.

Apple was not immediately reachable for comment, said the report.

Joyce Chou, a spokeswoman for Wistron, said its Bengaluru plant is expected to begin producing smartphones some time in the first half of 2017. She declined to comment on whether it would be a captive iPhone assembly site.

Cupertino, California-based Apple, is keen to assemble its phones in India, one of the world's fastest growing smartphone markets.

Apple representatives met federal and state government officials in India last week, as it is lobbies hard for tax and sourcing concessions before it begins to assemble iPhones there.

Apple described its discussions with Indian officials as open and constructive.

Any final decision on manufacturing in India is, however, likely to depend on the government's willingness to concede ground on the concessions Apple seeks.

Last month, Information Technology Minister Ravi Shankar Prasad said India would consider Apple's request for incentives with an "open mind."

TAGS:
AppleiPhonesWistron Corpassembly plantBengaluruKarnatakaiPhone manufacturingIT
Next Article

NEXT STORY: Jet Airways third quarter net profit drops nearly 70% to Rs 14,238 lakh

RELATED NEWS
Samsung Electronics dethrones Apple as top global semiconductor chip buyer in 2016 Samsung Electronics dethrones Apple as top global semiconductor chip buyer in 2016
Apple plans to make iPhones in Bengaluru: Minister Apple plans to make iPhones in Bengaluru: Minister
Apple CEO Tim Cook says demonetisation move still an overhang, but a 'great move' Apple CEO Tim Cook says demonetisation move still an overhang, but a 'great move'
Apple removes 'Activation Lock' tool from iPhone, iPod & iPad  Apple removes 'Activation Lock' tool from iPhone, iPod & iPad
Apple sues Qualcomm in China over patent licensing practices Apple sues Qualcomm in China over patent licensing practices

LATEST NEWS

Not obligated to provide interconnectivity to Jio: Vodafone to HC

Corrected: U.S. extends deadline for Rusal sanctions, aluminum prices dive

U.S. home sales increase strongly; inventory remains tight

You can't opt out of ads if on Facebook but can control them

Exclusive - Arrested Chevron workers could face treason charge in Venezuela: sources

US H1-B visas: In big setback for Indians, Trump admin set to end work permits for spouses

Wall Street edges lower as tech stocks, bond yields weigh

China fails to get Indian support for Belt and Road ahead of Narendra Modi-Xi summit

Rakesh Jhunjhunwala-backed Nazara Technologies gets Sebi nod to float IPO

Big relief, Aircel subscribers set to get their money back

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Contact Us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • Amazon Prime Day
  • Income Tax
  • Bharti Airtel
  • NPA
  • Home Loan

Trending Topics

  • Farm Loans
  • 7th Pay Commission
  • Sanitary Pads
  • National Stock Exchange
  • GST

Follow us on

zeebiz
zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved