Apple exports $6 billion of iPhones from India in big shift away from China
- Apple's iPhone exports from India reached nearly $6 billion, reflecting a one-third increase from the previous year, according to people familiar with the matter.
- Annual exports are expected to exceed $10 billion for fiscal 2024, based on current trends.
- The company is expanding manufacturing in India, benefiting from local subsidies and advances in technology to reduce reliance on China.
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Coverage Details
Total News Sources21
Leaning Left3Leaning Right4Center0Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
L 43%
R 57%
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