Interesting info, thanks. Never heard of Wistron before. The 30% rule seems like a reasonable bar in order to foster local growth, do you think? High import tariffs I'm not so sure about. Some might argue it's protectionist but I think there's nothing wrong with protecting parts of your economy that are weak. See: “How Rich Countries Got Rich and Why Poor Countries Stay Poor” by Erik S Reinert
As India becomes wealthier and if Apple can move production of all of their models there relatively soon that should set them up nicely to capture a larger chunk of that market.
https://www.amazon.com/How-Rich-Countries-Poor-Stay/dp/18452...
As India becomes wealthier and if Apple can move production of all of their models there relatively soon that should set them up nicely to capture a larger chunk of that market.