As per the report from CNBC, the California-based tech giant will begin assembling the iPhones via Foxconn's assembly by early 2019. Moreover, Foxconn - a Taiwanese company is already manufacturing smartphones for Xiaomi.
The investment could create up to 25,000 jobs, he added. Another insider revealed Apple is proactively pushing for the move to limit any eventual impact from the trade war that is now going on between the United States and China. But within the product mix that it has got now, with the high-end iPhone XS Max and the iPhone XS, the third, the iPhone XR, appears to be doing well.
Apple did not immediately respond to a Fortune request for comment on the report. That makes it Apple's best-selling model in the U.S. It's nearly equal to the combined total of the XS and XS Max, who garnered 35 percent of U.S. iPhone sales in that same month.
Despite any number of stories claiming that Apple's iPhone XR isn't selling as well as anticipated, a new research report from Consumer Intelligence Research Partners (CIRP) paints a slightly more optimistic picture.
Full details of Apple's deal with Hon Hai are not yet clear and could change.
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There appeared to be no danger when Aguero linked up with Bernardo Silva , who gave City the lead early on. A Manchester United side containing Cristiano Ronaldo and Wayne Rooney were the last to do it in 2008/09.
It should be noted that it's now unknown whether Foxconn is planning to move its existing iPhone assembly from China to India. It is however unclear whether the production will be confined to assembly or include any component production in the country.
For Apple, widening assembly beyond China is critical to mitigate the risks of the Sino-U.S. trade war.
Foxconn has previously acknowledged that the dispute between the US and China has hindered the company's ability to affordably continue its operations.
A new study has confirmed fears of disappointing demand for Apple's newest entry-level iPhone.