Apple’s Strategic Shift: India Emerges as Key iPhone Export Hub

News Snapshot:

In a significant shift reflecting Apple's strategy to navigate trade barriers, the tech giant has sharply increased iPhone exports from India to the United States, customs data indicates. Between March and May, nearly all iPhones exported by Foxconn from India found their way to the U.S., surpassing the 2024 average of 50%. This new export pattern underscores Apple's efforts to sidestep high tariffs imposed on China. As indicated by recent data, Apple has realigned its export focus almost entirely on the American market. The numbers, reported by Reuters for the first time, highlight a dramatic change from previous distributions which...