NEW DELHI, Dec 5 (Reuters) : Apple (AAPL.O) has told India its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the U.S. tech giant lobbies for an exemption or delay.
India wants to implement a European Union rule that will require smartphones to have a universal USB-C charging port, and has been in talks with manufacturers about introducing the requirement in India by June 2025, six months after the deadline in the EU. While all manufacturers including Samsung (005930.KS) have agreed to India's plan, Apple is pushing back.
Apple has for years offered a unique lightning connector port on its iPhones. The EU, however, estimates a single charger solution would save about $271 million for consumers, and India has said the move will reduce e-waste and help users.
In a closed-door Nov. 28 meeting chaired by India's IT ministry, Apple asked officials to exempt existing iPhone models from the rules, warning it will otherwise struggle to meet production targets set under India's production-linked incentive (PLI) scheme, according to the meeting minutes seen by Reuters.
PLI is a key project of Prime Minister Narendra Modi and offers electronic manufacturers in India fiscal incentives for fresh investments and incremental phone sales each year. It has been extensively used by Apple suppliers like Foxconn (2317.TW) to expand iPhone manufacturing in the country.
Apple warns India's EU-style charger rules will hit local production target
FE Team | Published: December 05, 2023 23:20:56
Apple warns India's EU-style charger rules will hit local production target
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