Apple has reportedly lowered the licensing cost for MFi products

Have you ever wondered why accessories endorsed by Apple are so expensive? The fault could be attributed to Apple who have made it expensive for manufacturers as well, as apparently licensing fees to create Made for iPhone products can get pretty high as well. The good news is that there is a chance that future MFi products could see a price reduction as Macotakara has reported that Apple has lowered the licensing cost for MFi products.

Last month, Apple reportedly reduced the licensing costs for accessory manufacturers who are producing official gear for the iPhone, iPad or iPod. According to Mac Otakara, this reduction applies to Lightning cables as well as other accessories that are part of Apple’s MFi (Made for iPod/iPhone/iPad) Program.  Made for iPod (MFi) was launched in 2005 as a licensing and quality control program that allowed iPod accessory makers to ship their products with an Apple-approved “Made for iPod” label. At launch, Apple reportedly charged companies that wanted to participate in this program a 10% fee based on the wholesale cost of the device.