As we all knew that Apple is is just ‘designed in California’ and ‘made in China’. But new reports suggesting that Apple soon be to get the label of ‘
According to Nikkei Asian Review, key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to the US.”Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the US Foxconn complied, while Pegatron declined to form ..
one of the main reason why Apple might be considering this of making the iPhones in U.S is because President-Elect Donald Trump has publicly called for the company to built its product in the U.S. Not just that, he has also threatened tariffs on imports from China. In a rally in March, Donal Trump said, “I’m going to get Apple to start making their computers and their iPhones on our land, not in China. How does it help us when they make it in China?”.
It may be in Apple’s best interests to continue to build iPhones in China, perhaps even in the best interests of the United States. In a recent statement to local news, China said it will stop selling iPhones altogether if President-elect Trump starts a trade war. Worse, a source speaking to Nikkei said it would cost Apple “more than double” to build the iPhones here. So much for those profit margins.
Another source said that while Foxconn had been working on the request from Apple Inc.
Making iPhones in the U.S. means the cost will more than double,” the source said.
According to research company IHS Markit, it costs about $225 for Apple to make an iPhone 7 with a 32GB memory, while the unsubsidized price for such a handset is $649.