Apple Supplier Wistron to Explore iPhone 6s Assembly in India Following Plant Expansion

[Jesse Waugh]

Oh man, stay deluded. Samsung and other companies are not a fool to be manufacturing it's flagships here. It's only Apple that missing the real market here.

If you can do simple maths, you will not have to argue with me.

It’s deluded of you to overvalue your market. Typical arrogance.

 

[Madhava]

What other countries have “minimum local criteria”? Isn’t that just a formalized baksheesh?

I do not know about other countries but if other companies are able to meet this criteria in India it is not clear to me why Apple is not able to. As I said in another post may be India market does not yet provide the cost savings and profits to produce all models locally compared to the sales they have.

 

[Aniruddh]

It’s deluded of you to overvalue your market. Typical arrogance.

Whatever floats your boat. Your ignorance will not undervalue anything.

Like I said, all you need is simple maths. Counter me with facts.

 

[kdarling]

India is overwhelmingly very poor, with even their "middle class" (top ~70 million adults) defined by the government as only making more than $10 a day. In short, there are just tens of millions for whom a $1,000 device is a lot less than half a year's wages.

https://www.economist.com/news/lead...dia-has-hole-where-its-middle-class-should-be

Still enough of a minor market to sell in, but India is not like China.

 

[Aniruddh]

India is overwhelmingly very poor, with even their "middle class" (top ~70 million adults) defined by the government as only making more than $10 a day. In short, there are just tens of millions for whom a $1,000 device is a lot less than half a year's wages.

https://www.economist.com/news/lead...dia-has-hole-where-its-middle-class-should-be

Still enough of a minor market to sell in, but India is not like China.

Right, India is extremely poor. No doubt about that and yes, comparing it with China in it's present form is not good.

Only 2.5% of Indian population uses premium smartphone. (Smartphone that costs more than ₹30,000 or $500) That's a very low number in terms of per capita capability.

But, those 2.5% equates to ~30Mn. This number also equates to 120% of Australian population or 80% of Canadian population. So, for Apple, India is another Australia/Canada where premium smartphone penetration is growing at 20% YoY.

https://gadgets.ndtv.com/mobiles/ne...ents-q4-cy-2017-counterpoint-research-1807313