iPhone SE began producing in India

Apple officially launched the iPhone on the territory of SE India. The plant is located in Bangalore and the first batch of finished product should appear within the week.

Apple officially launched the iPhone on the territory of SE India. The plant is located in Bangalore and the first batch of finished product should appear within the week.
What will happen next

Apple really decided to do big Indian market, because the company sees it as the future prospects for earnings, but now can not boast of significant results in the country. According to recent reports Apple is only 3% of the local market, but an outdoor plant will help the company quickly to seize the attention of consumers. Because the law of India to open a chain store in the country, Apple needs to make in its territory not less than 30% of the goods.
Lower prices

There were rumors that the made in India iPhone SE will be sold at a price of 220 USD (the current cost of a smartphone is about $ 400). While this is just anecdotal evidence, because Apple leaves unchanged the price tag of any product on all world markets. But maybe now the company will make concessions to the Indians, because by 3% on the local market did not satisfy the user, and Apple is able to pull out a much larger amount.

Source: The Wall Street Journal