Monetary Occasions Reviews That Apple Desires to Produce All U.S. Telephones in India by the Finish of Subsequent 12 months


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The Monetary Occasions:

Apple plans to shift the meeting of all US-sold iPhones to India
as quickly as subsequent yr, in response to individuals acquainted with the
matter, as President Donald Trump’s commerce battle forces the tech
large to pivot away from China.

The push builds on Apple’s technique to diversify its provide chain
however goes additional and quicker than traders admire, with a objective
to supply from India the whole thing of the greater than 60mn iPhones
offered yearly within the US by the top of 2026.

The goal would imply doubling the iPhone output in India, after
nearly 20 years through which Apple spent closely in China to create
a world-beating manufacturing line that powered its rise right into a $3tn
tech large.