Apple has started manufacturing iPhone SE in India

Apple is now a truly global hardware sales company. It firmly occupies the highest profit margin in the smartphone market. Since Apple is an American company, if Apple wants to have a certain price advantage in the smartphone market in other countries, they have to take the initiative to reduce prices or seek reasonable tax avoidance schemes to reduce product phones.

Today, Apple confirmed that it has begun to manufacture iPhone SE in India. Apple first started manufacturing and selling iPhone SE in India in 2017.

This is also a method adopted by Apple for reasonable tax avoidance, because iPhones not manufactured in India will be counted as imported products, so Apple has to pay high import tariffs for this, in addition, Apple also took a fancy to India’s cheaper labor prices compared to China because as a country develops, the labor price in that country will undoubtedly rise, which is not good for profit-seeking commercial companies. Things, so they will seek the next country where labor is cheap, and they are currently looking at India.

Via: indianexpress