Apple reportedly will make and sell its high-end iPhones in India next month

Apple currently produces the "incredible" iPhone 6s and iPhone 7 in India for a few reasons. Making the phone locally allows Apple to meet regulations for local content allowing it to someday open Apple Stores in the country. And by using Foxconn and Wriston facilities in India to manufacture its handsets, Apple avoids an import tax that could add as much as $100 to the cost of each iPhone. Apple is trying to keep the price of the device down in order to make it more affordable in a country that is the second largest smartphone market in the world even though per capita income is so low. The ...

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