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Apple suppliers apply for Indian funds to boost smartphone production
- Monday | 3rd August, 2020
NEW DELHI (Reuters) – Apple Inc’s Taiwan contract suppliers Foxconn, Wistron Corp and Pegatron Corp have applied for funds from India’s $6.65 billion scheme to boost smartphone manufacturing, the technology minister said on Saturday. Apple assembles some smartphones, including the iPhone 11, at Foxconn and Wistron’s plants in two southern Indian states. South Korea’s Samsung Electronics Co Ltd has also applied for incentives under the plan, technology minister Ravi Shankar Prasad told a news conference. Samsung has a plant on the outskirts of New Delhi that it describes as the world’s biggest mobile phone manufacturing plant. Lava, which once assembled models for China’s Lenovo, was among the Indian companies which have sought funds, Prasad added.
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