Apple making iPhone XR in India – WSJ – Seeking Alpha


The Wall Street Journal backs the report last week that a Foxconn (OTCPK:HNHAF,OTCPK:HNHPD) facility has begun making Apple’s (AAPL +1.4%) iPhone XR in India.

WSJ cites phone retailers and others familiar with the plans and notes the production is for the local market.

India is offering lower taxes, less red tape, and incentives for cellphone manufacturers bringing business to the region.





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