China is a key market for both production & sales but there is increasing tension between the two countries.
The expansion of manufacturing facility could mean a widening of Apple’s iPhone assembly in India as it has to pay steep duties on devices imported in India
Apple CEO Tim Cook and PM Narendra Modi had begun talks since May 2016 of producing Apple products in India after sales in China started to decline.
If rumours are to be believed then it seems likely that the second iteration of the iPhone SE will hit the market in Q1 next year.
iPhone chip supplier Qualcomm Inc faces a fresh set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple Inc.