Apple's Taiwanese manufacturing partner Wistron Corp is setting up in Bengaluru will focus solely on assembling iPhones, a source familiar with the matter said on Friday.
The source, who asked not to be named because he was not cleared to discuss matters publicly, said Apple and the Indian government were, however, still discussing "the repatriation of long-term profits from local sales and exports.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
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
EmoticonEmoticon