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A motorcyclist rides past the entrance of the headquarters of Hon Hai Kyle Singler Jersey , which is also known by its trading name Foxconn, in Tucheng, New Taipei city, December 24, 2013. REUTERSPichi ChuangFiles
Foxconn Technology is in talks to manufacture Apple's iPhone in India Josh Smith Jersey , government officials said, in a move that could lower prices in the world's No.3 smartphone market where the U.S. firm trails Samsung Electronics and local players.

India could help Foxconn mitigate accelerating wage inflation in China, where it makes the majority of iPhones, and base production sites closer to markets where its key clients want to grow.

Lower production costs could also help Foxconn keep hold of Apple orders amid intensifying competition with nimble manufacturing rivals such as Quanta Computer Inc <2382.TW>.

"Foxconn is sending a delegation of their officers to scout for locations in a month's time," Subhash Desai Joe Smith Jersey , Industries Minister of Maharashtra, told Reuters.

Foxconn has said it is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, but had given no detail.

The Taiwan-based tech giant Joe Dumars Jersey , the world's largest contract maker of electronic products, declined to comment on detailed plans on Thursday, citing commercial sensitivity.

Desai said Foxconn had yet to make any firm commitment, but he said the group was looking to manufacture iPhones, iPads and iPods Jerry Stackhouse Jersey , both for domestic as well as global sales.

Apple representatives in India did not respond to a request for comment on Thursday.

Apple's iPhone 6 with 16 GB sells for around 44,000 rupees ($687.82) in India, versus Samsung's <005930.KS> Galaxy S6 with 32 GB which sells for around 40,000 rupees ($625.29).

It has 10 percent market share in India, trailing Samsung and local manufacturers such as Micromax Isiah Thomas Jersey , which dominate the market, according to Counterpoint Research Market Monitor.


A return of Foxconn -- which was forced to shut up shop in India last year after client Nokia closed -- would be a major victory for India, which badly needs to turn its tech boom into a manufacturing and employment boost.

India, under Prime Minister Narendra Modi, has sought to reboot manufacturing Ish Smith Jersey , but the country is yet to rival China, particularly in technology where most factories will likely be assembly units to begin with.

But local businessmen are betting that as global companies invest in the country, suppliers will follow.

A lack of good infrastructure and suppliers are the biggest hurdles to making technology products in the country, forcing most of India's more than 100 different phone companies to get their products from the mature markets of China and Taiwan.

Apple is among the biggest clients for Foxconn -- the trade name for Hon Hai Precision Industry Co Ltd <2317.TW> -- which also makes components for companies such as Xiaomi, Acer and Sony.

"The smartphone boom in India indicates the time is just right to focus on expansion plans and increasing volume in India to a comparable level with the China market in the next five years Henry Ellenson Jersey ," said Sky Li, vice president of phone manufacturer OPPO.

India has the second-highest number of mobile phone accounts behind China. According to networking solutions company Cisco Systems , there will be 650 million smartphones in the country by 2019. The number of tablets will rise 9 percent to 18.7 million by then.

($1 = 63.9700 rupees)

2nd Annual Pharma Anti-Counterfeiting Congregation 2013 To be held on 8th and 9th october 2013 at Hilton Hotel, London, UK


Counterfeit Pharmaceuticals do not only provoke immense economic damage to pharmaceutical companies but are a great risk to the public. The increasing threat calls for immediate action against counterfeit medicines. Steps must be taken by governmental and international authorities as well as by every single affected pharmaceutical company. Counterfeit APIs and medicines pose a growing threat to patients worldwide Greg Monroe Jersey , with increasing numbers in Europe and the USA. Customs all over the world find more and more illegally produced drugs. Moreover, drugs are increasingly sold via the Internet making it much easier to put counterfeits into circulation.

Counterfeiting of drugs and medical devices cost the pharmaceutical and medical device industry billions of dollars annually in lost revenues. This loss is amplified by the serious threats fake drugs pose to the health and safety of consumers. Directing your organization toward an successful brand protection system can be a daunting task given the sophistication of counterfeiters and the difficulty in tracking and prosecuting perpetrators. This in-depth workshop will teach you how to ensure you have a solid counterfeit program and help you to gain a better understanding of how to develop an efficient brand protection program. It is estimated that counterfeiting is a $600 billion a year problem. In fact, it's a problem that has grown over 10,000% in the past two decades, in part fuelled by CONSUMER DEMAND. The real truth is people who purchase counterfeit merchandise risk funding nefarious activities Grant Long Jersey , contributing to unemployment, creating budget deficits and compromising the future of this country in the global economy.


“2nd Annual Pharma Anti-Counterfeiting Congregation 2013 - Competences to Combat Counterfeits”

Get more from the event, with a broader scope bringing the whole communications value chain together. Enjoy and make the best out of our dedicated networking drinks time, meet the leading companies showcasing the products of tomorrow in the co-located exhibition. Expand your knowledge of the latest business models and strategies in the high-level conference.

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