Apple launched the iPhone 15 series on September 12, 2023.
New Delhi:
Tata Group will now manufacture iPhone (Apple Iphone) in India. Deal to acquire Wistron factory with Tata Group approved. Electronics and Technology Minister Rajeev Chandrasekhar gave this information on social media on Friday. The minister said that Tata Group will start manufacturing Apple iPhone in India for domestic and global markets in two and a half years.
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Union Minister Rajeev Chandrasekhar posted on social media platforms that he wants to achieve PM Modi’s goal of making India a global electronics power. Kudos to the Tata team for taking over Wistron’s operations.”
PM @narendramodi Gee’s far-sighted PLI plan has already propelled India to become a reliable and major hub for smartphone manufacturing and exports.
Now in just two and a half years, @TataCompanies Will start manufacturing iPhones from India for domestic and global markets from now on… pic.twitter.com/kLryhY7pvL
— Rajeev Chandrasekhar ???????? (@Rajeev_GoI) October 27, 2023
The Wistron factory is in the southeast of Karnataka. According to the report, by March 2024, Wistron will manufacture Apple iPhones worth around $1.8 billion from this factory. Tata will manufacture the iPhone 15 for the global market at this factory.
The company is valued at $600 million
The Wistron factory is valued at approximately $600 million. Talks about this deal were going on for almost a year. This factory is known for manufacturing the iPhone 14 model. More than 10,000 people work in this factory.
Why was Wistron sold?
If reports are to be believed, Wistron is hurting. Because under Apple’s terms the company is facing losses. Wistron says Apple is charging higher margins than Foxconn and Pegatron. At the same time, India has various challenges compared to China, making it difficult to work with employees in India. In such a situation, Wistron is going to sell its company.
Wistron entered the Indian market in 2008
Wistron entered the Indian market in 2008, when the company offered repair facilities for several devices. After this, in 2017, the company expanded its operations and started manufacturing iPhones for Apple.
The iPhone 15 series was launched on September 12
California-based tech company Apple launched the iPhone 15 series at its Wanderlust event on September 12 at Rs. 79,990 launched at a starting price of Rs. The company has also introduced Watch Series 9 and Watch Ultra 2. For the first time, Apple has provided a Type-C port for charging.
Titanium body
This time the iPhone-15 has a 48-megapixel main camera. A16 Bionic chip is provided in iPhone 15 and 15 Plus. At the same time, the A17 Pro chip will be available in the iPhone 15 Pro and Pro Max. Titanium is used in the body of the Pro models.