• Welcome to OnlyTech Forums
    An online community for the tech enthusiasts!
    Log in or Register

iPhones may soon be manufactured in the US, could cost more than double: Report

rahul1117kumar

Contributor
Joined
21 Jun 2013
Messages
10,362
Reaction score
11,048
iPhones may soon be made in US as Apple has asked Foxconn and Pegatron to look into this possibility, reports said. 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 formulate such a plan due to cost concerns,” sources said.

But the sources have said that making of iPhones in the US will cost more than double. The general perception among Americans about losing manufacturing jobs to other countries overlaps the Apple’s ‘rumored’ prospect move. President-elect, Donald Trump referred to Apple multiple times during his campaign and vowed to slap a 45 per cent tariff on goods made in China.

“We’re going to get Apple to build their damn computers and things in this country instead of in other countries,” Trump said at Liberty University in Virginia in January. Apple’s Chief Executive Tim Cook was quoted by CBS’ 60 Minutes program in December 2015 that America simply did not have enough skilled workers for the production of iPhones.
“To make iPhones, there will need to be a cluster of suppliers in the same place, which the US does not have at the moment. Even if Trump imposes a 45 per cent tariff, it is still possible that manufacturers will decide to continue production overseas as long as the costs together with the tariffs are lower than the amount they need to spend on building and running production lines in the US,” sources familiar with the iPhone production process were quoted by Nikkei Asian Review. Sources said that to make iPhones, America will need US government to subsidize local companies for domestic productions.

http://www.bgr.in/news/iphones-may-...in-the-us-could-cost-more-than-double-report/
 

Bapun Raz

Staff member
Administrator
Joined
3 Nov 2010
Messages
24,507
Solutions
5
Reaction score
32,626
Already it costs much. Now even more!

 

PRK

Member
Joined
31 Mar 2011
Messages
880
Reaction score
732
Bapun Raz said:
Already it costs much. Now even more!

The manufacturing cost will go up, retail cost? Maybe not.
The retail cost of iPhone is pegged at 4-5 times the manufacturing cost currently, they might think of reducing their rocket high profit margins.
 

santosh

Banned
Joined
4 Oct 2014
Messages
584
Reaction score
314
Prathamesh said:
The manufacturing cost will go up, retail cost? Maybe not.
The retail cost of iPhone is pegged at 4-5 times the manufacturing cost currently, they might think of reducing their rocket high profit margins.

Do you really think apple will ruin itself :lol
Never possible even if they imposed more than 45%
 
Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock