What you need to know
- Wistron currently builds some iPhones in India.
- The company will reportedly start manufacturing PCBs, too.
- This as Indian import tax on PCBs is about to be doubled.
Wistron currently builds iPhone SE, iPhone 6S, and iPhone 7 models in the country and will reportedly start producing its own PCBs locally as well. That's likely because there is a new doubling of PCB import tax on the way.
The deepening of PCB assembly in India will help Cupertino, Calif.-based Apple save on import taxes on smartphone components, levied by Prime Minister Narendra Modi's government to boost local manufacturing and create new jobs.
On Saturday, India said in its federal budget that it will from April begin taxing imports of populated PCBs at a higher 20%, from the previous rate of 10%.
Fellow supplier Foxconn already makes its own PCBs in India, so it won't be faced with the same tax burden come April.
The report notes that neither Apple nor Wistron commented on the speculation, but it makes tons of sense on both sides. Not only does Wistron not have to deal with the new 20% tax in PCB imports, but it also continues Apple's attempts to diversify its manufacturing options around the globe.
We may earn a commission for purchases using our links. Learn more.
Apple releases the first public beta of watchOS 7.1
Apple has released beta 1 of watchOS 7.1 for its public beta testers. Here's how to download it.
Ted Lasso's AFC Richmond has a Twitter account and now you know it exists
"Ted Lasso" is an Apple TV+ show that's taken social media by storm. So it stands to reason that Lasso's team is doing the same.
Report: Apple U1 chip coming to AirPods Studio, AirTags more than tracking
Apple's rumored AirPods Studio will include the U1 ultra-wideband chip, according to an anonymous leaker. They also suggest that we will see Apple's AirTags do more than just track things.
Which Apple Watch color should you buy?
Silver, gold, space gray, space black, graphite, blue, or (PRODUCT) RED — Here's how to pick the perfect Apple Watch color for you.