iPhone Prices Could Drop as More Made in India Phones Said to Hit Retail

Apple Inc's top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech giant drop prices in the world's second-biggest smartphone market. Some approvals are pending, but the India-made iPhone XR and iPhone XS devices are expected to hit the market by August, the source said, asking not to be named as the matter is not public.
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