Apple increased iPhone production in India by about 53% last year and now manufactures roughly 25% of iPhones there. The shift is aimed at avoiding tariffs on China, reducing tariff exposure and diversifying the supply chain, which modestly lowers geopolitical and cost risk for the company.
Apple increased iPhone production in India by about 53% last year and now manufactures roughly 25% of iPhones there. The shift is aimed at avoiding tariffs on China, reducing tariff exposure and diversifying the supply chain, which modestly lowers geopolitical and cost risk for the company.
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