Foxconn Faces Challenges as It Plans to Ramp up iPhone Production in India

Trade war between the U.S and China has alarmed tech giants. Starting from December this year, iPhones will attract 15% tariff duty. Apple has said that it will absorb the duty by reducing the cost of parts. However, the move might not be sustainable and in the end customers may have to bear the brunt. Amid tensions, other Asian countries including India are prepping themselves as an alternate manufacturing destination for iPhone.

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