Apple supplier Pegatron to set up plant in India

Pegatron

Without making noise and almost on tiptoe, Apple wants to stop depending on China for the supply of its devices. For two very important reasons. The first because he has seen with the problem of COVID-19 that you can't have most of your device providers in one country like China. If for any reason the country stops, you stop.

And the second because of the bad relationship that currently exists between the governments of the United States and China. And it's not that Tim Cook wants to play Trump's game, but that he simply wants to avoid paying more. duty for importing products from that country. And so we see how Pegatron, one of the main iPhone assemblers with several plants in China, is going to build a new one in India. What a coincidence.

Pegatron has registered a subsidiary in India this week, with the intention of moving at least part of its iPhone manufacturing out of China. The company had been looking for a suitable site to set up a new assembly plant for a few months. There was also a rumor that Pegatron had been looking to establish a new factory in northern Vietnam.

Pegatron the only one of the three companies that assemble iPhone that does not have facilities in India. So much Foxconn as Wistron, the other two iPhone makers, have been present in India for a while now.

«Pegatron has registered its subsidiary in India in Chennai«An Indian official has leaked to the India Times. "Currently, the directors of the company are in talks with various state governments to find land to establish new production plants, and after that they would import the necessary warehouses and machinery."

Project "Made in India"

The Indian government has continuously offered incentives for big tech companies through its initiatives «Made in India«. The country expects to earn 190 billion dollars manufacturing mobile phones by 2025. Currently, the Indian government has obtained 24.000 million dollars in the manufacture of smartphones of different brands.

According to the India Times, Apple's turnover in India in 2019 was 1.500 million, and only less than 1.000 billion were thanks to the manufacture of iPhones. Wistron and Foxconn manufacture the iPhone 7 and XR in India. In that country, Apple only has a market share that is less than 3 percent, but it leads the category of high-end phones.


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