In a recent announcement , which was a huge deal for all Apple lovers, Apple confirmed that its iPhone13 will now be assembled at its Foxconn plant in Sriperumbudur in Chennai.
Since, now the iPhone 13 is going to be assembled locally, the question is it possible that the prices of the iPhone 13 will come down?
Presently, Apple manufactures iPhone 11 as well as iPhone 12 locally. The local assembly of the iPhone13 is in response to the government’s PLI scheme which is the Production-Linked Incentive Scheme.
In an official statement to India Today Tech, Apple stated that they are excited to begin the local manufacture of the iPhone13. The design is very advanced and the camera can take stunning videos and photos. It has an A15 bionic chip as well.
However, it is still unclear when the locally manufactured iPhone13 will be available in the market.
What are the current prices of various models of iPhone13?
The base model of iPhone 13 which has 128 GB storage starts at Rs. 79,900. The highest model of the iPhone13 which has 512GB storage is priced at a whopping Rs. 1,09,900. The model which has 256GB storage is priced at Rs.89,900.
But will these sky-high prices go down?
Even though by manufacturing and assembling the iPhone13 in India, Apple would be saving almost 20% on the import duty, there is no immediate reduction in the price which is expected.
Even though India is one of the leading markets for Apple, it never offers any special discounts on its products. However, in partnerships with banks it may put out some discount offers. But even that has not been confirmed by Apple till now.
A factor which may cause the price of the iPhone 13 to remain unchanged is the fact that only assembling is being done locally. The parts are still being outsourced which means that overall cost of assembling is still high.
The number of units of iPhone 13 which will be manufactured will be lesser as compared to the actual demand. This means a lot of the phones will still be imported to meet the demand. Because of this the pricing may not come down much.
As compared to the previous year, Apple has made tremendous profit this year. As Apple begins to manufacture more iPhones, it will soon establish its dominance in India, which is the world’s second larger market for smartphones.