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Apple's iPhone 6s Plus prices could go down soon

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Apple's iPhone 6s Plus prices could go down soon

The Indian government announced a 10 percent customs duty on circuit boards, camera modules, connectors, and other parts.

The iPhone SE, which is Apple's most affordable iPhone in India, has been locally assembled since May previous year. Apple had started the iPhone SE's production in India past year to further lower the prices.

By manufacturing locally, this would help Apple cut prices by 5-7 percent, according to the report, if the company were to make all iPhone 6S Pluses sold in the Indian market domestically.

An Economic Times report states that Apple has begun trial production of its 2015 flagship iPhone 6s Plus at Wistron's Bengaluru facility in India.

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One of the major reasons why Xiaomi has been able to gain such popularity in India is because of its competitive pricing. However, considering that not all parts of the smartphone will be manufactured in India, and will need to be imported from China, the price correction may not reflect immediately.

Once local capacity rises, the costs should get corrected as Apple won't be dependent on Chinese imports. The Indian Government has started to tax foreign phones as it raised tariffs on smartphones from 15 to 20 percent in February. According to industry executives, Apple is in talks with manufacturers like Flex, Foxconn and Wistron to expand local sourcing, including components. In total, there are five sourcing plants which includes Finland-based Salcomp's facility in Tamil Nadu and Chinabased Shenzhen YUTO Packaging Technology plant in Bengaluru.

Wistron has set up a new assembly line for iPhone 6s Plus production, and commercial production is expected to start in next couple of weeks, they said.

The iPhone 6s and iPhone 6s Plus continue to be two of the most popular devices belonging to Apple and their hardware plus functionality speak volumes of their mobile computing prowess. The move has been taken in order to bring down the price of the three-year-old iPhone.

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