Foxconn sends 97% of India iPhone exports to US as Apple tackles Trump's tariffs, Reuters reports
- Between March and May 2025, Apple significantly boosted its shipments of iPhones manufactured in India to the U.S., concentrating its export efforts predominantly on the American market.
- This strategic shift aims to bypass high U.S. tariffs on imports from China amid ongoing trade tensions and evolving global supply chains.
- Foxconn exported $3.2 billion worth of iPhones from India during March-May, with 97% shipped to the U.S., including nearly $1 billion in May alone.
- Senior analysts expect made-in-India iPhones to rise from 18% of global shipments in 2024 to 25-30% in 2025, reflecting accelerated local production.
- Apple’s rising exports highlight India’s growing role in smartphone production; however, manufacturing expenses remain elevated due to high tariffs on importing phone components.
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Foxconn sends 97% of India iPhone exports to US as Apple tackles Trump's tariffs
Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple's efforts to bypass high U.S. tariffs imposed on China.
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Total News Sources43
Leaning Left8Leaning Right2Center13Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 35%
C 57%
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