The first company to assemble iPhone in India is reportedly getting out of the business. Wistron is selling the plant where it puts together Apple handsets to Tata Group, an Indian multinational based in Mumbai.
At the same time, Foxconn and Pegatron continue to grow their commitments to manufacturing iPhones in India.
Wistron can’t compete on iPhone assembly in India
Apple is moving to reduce its dependence on China, which currently assembles most of its products. Apparently, a significant percentage of that production is moving to India.
But Wistron is out. It can’t make a sufficient profit simply assembling handsets — it also wants to make the individual components, according to India’s The Economic Times.
“Its inability to get deeper into Apple’s supply chain — component manufacturing and vendor-managed inventory holding — is one of the key reasons the Taiwanese contract manufacturer is exiting India,” reports the publication.
Wistron reportedly will sell its iPhone assembly facilities in Kolar to the Tata Group, which will continue to make the devices.
