Nearly all of Foxconn’s India-made iPhones are now going to the US, report finds
From March to May, Apple’s manufacturing partner, Foxconn, shipped 97% of the $3.2 billion worth of iPhones it exported from India to the US, up from just 50% last year, according to customs data seen by Reuters. Foxconn, which makes the bulk of Apple’s iPhones, still produces most of those in China.
Apple’s plan has been to move production of US-sold iPhones from China, which had been facing sky-high tariffs (now 55%), to India, where the tariffs are lower (currently 10%) — a move President Trump doesn’t care for but which is happening anyway. Additionally, the president has threatened tariffs of “at least 25%” on smartphones sold in the US but made elsewhere.
Counterpoint Research said it expects India-made iPhones to account for up to 30% of iPhone shipments globally this year, compared to 18% last year.
Apple’s plan has been to move production of US-sold iPhones from China, which had been facing sky-high tariffs (now 55%), to India, where the tariffs are lower (currently 10%) — a move President Trump doesn’t care for but which is happening anyway. Additionally, the president has threatened tariffs of “at least 25%” on smartphones sold in the US but made elsewhere.
Counterpoint Research said it expects India-made iPhones to account for up to 30% of iPhone shipments globally this year, compared to 18% last year.
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