Amazon to manufacture TV streaming device in India
NEW DELHI: Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn, the US online retail giant said.
The Fire TV Stick will be made by Foxconn subsidiary Cloud Network Technology in the southern city of Chennai, marking Amazon’s first foray into having one of its devices manufactured in India.
Amazon said hundreds of thousands of Fire TV Sticks would be produced per year, helping it meet the demands of Indian customers.
“Amazon will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand,” the company said in a blog post.
The launch of conglomerate Reliance’s telecoms venture Jio in 2016 began an era of cheap data tariffs in India, aiding the growth of video and audio streaming services such as Amazon’s Prime Video and Netflix.