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Chronicles

The story behind the story

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Sources: Apple supplier Wistron to assemble key iPhone component at its plant in Bengaluru, highlighting its push to expand manufacturing in India

NEW DELHI (Reuters) - Taiwan's Wistron Corp plans to assemble printed circuit boards (PCBs) for iPhones at its new plant in southern India

Reuters Sankalp Phartiyal

Context & Ripple Effects

This is a step up the value chain, not a new bet. Wistron's Bengaluru plant has been Apple's India beachhead since it began assembling the iPhone SE there in 2017 — final assembly of finished handsets. Adding printed circuit board production means component-level manufacturing, where more of the bill of materials is built locally rather than imported.

The move also lands mid-race: by mid-2020, Pegatron was setting up an Indian subsidiary, joining Foxconn and Wistron, so all three major iPhone assemblers now have a local footprint. PCB work at Wistron raises the bar for what 'manufacturing in India' means across that group.

First-order effects

  • Wistron's Bengaluru plant shifts from final handset assembly toward higher-value PCB production for iPhones, deepening its role in Apple's supply chain beyond screwdriver-level work.
  • Apple gains a locally sourced critical component in India, reducing dependence on imported PCBs for phones assembled there.

Second-order effects

  • With Pegatron newly arrived and Foxconn already present, rivals must match Wistron's component-depth or remain positioned as pure final assemblers competing on thinner margins.
  • Component suppliers feeding Wistron's PCB lines gain an Indian customer base, seeding a local electronics supply ecosystem around the assembler cluster.

Third-order effects

  • If the pattern holds — assembly first, then components — India's role in smartphone manufacturing migrates from tariff-driven final assembly toward genuine supply-chain depth, with the assembler trio's investment cadence setting the pace.

The trend: iPhone manufacturing in India is climbing from final assembly into component production, as Apple's three main assemblers — Foxconn, Wistron, and now Pegatron — build out local footprints.