Taiwan-based contract electronics maker Wistron Corp. is preparing to expand of its production base in India to produce the next-generation iPhone SE, reports Focus Taiwan, quoit unnamed “sources in the South Asian country.”
The tech giant has reportedly set its sights on the growing Indian market by pushing for shipments of the smartphone model with the goal of doubling the iPhone's market share in the country over the next five years. The sources told Focus Taiwan that Apple has signed up Wistron to assemble the new iPhone SEs after the Taiwanese firm started to produce the model in India in May, targeting markets around the world.
Getting a foothold in India has been a challenge for Apple. The company has opened its retail stores in a number of countries around the world, but not in India. The country has restrictive real estate investment laws for foreign companies.
What’s more, India’s Finance and Commerce Ministries rejected Apple’s request to sell used iPhones in the country. “We are not in favour of any company selling used phones in the company, however certified they may be,” commerce and industry minister Nirmala Sitharaman said.