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Apple Watch to be made in India

Taipei: Taiwan's Quanta Computer Inc, the world's top contract PC manufacturer which makes laptops and assembles watches for Apple Inc is considering establishing a manufacturing base in India.“We're gathering materials for evaluation. We're looking into
India TV Business Desk June 19, 2015 11:21 IST
India TV Business Desk

Taipei: Taiwan's Quanta Computer Inc, the world's top contract PC manufacturer which makes laptops and assembles watches for Apple Inc is considering establishing a manufacturing base in India.

“We're gathering materials for evaluation. We're looking into it,” Quanta vice-chairman CC Leung said after the company's annual investor conference.

Quanta's move comes after rival Foxconn, the maker of iPhones and iPads announced that it will likely plod billions of dollars into establishing 10 to 12 facilities in India by 2020.

The company said that its PC shipment volume and revenue contribution from PCs should remain about the same this year as last year, despite a 6.2% drop in industry-wide shipments.

Quanta's manufacturing facilities are all currently in China.