Apple to build iPhones in India

Apple is eyeing new markets as their traditional markets have seen their growth slowing down and India is the next country Apple is setting their sights on. Apple will be opening a manufacturing plant to product phones there for sale in India and hopes to climb up the charts there as they are currently sitting in the 10th spot overall for smartphone sales in India. Interesting to note the manufacturing plant will not be in partnership with Foxconn but they'll be using Wistron to get this project up and going. It's an interesting move but not too surprising as India is one of the fastest growing smartphone market in the world. Bloomberg has more details.

Apple Inc. will begin assembling iPhones in India by the end of April, a regional minister says, heightening its focus on the world’s fastest-growing major smartphone market as growth slows elsewhere.

The U.S. company has tapped Taiwan’s Wistron Corp. to put together its phones in the tech capital of Bangalore in Karnataka, said Priyank Kharge, the state’s information technology minister. Apple executives met with him in January and confirmed the timeline, he said in an interview.