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The US President said that he discouraged Apple’s CEO from manufacturing in India as it is “one the highest-tariff nations in the world”
Apple assembled iPhones worth $22 Bn in India in FY25, marking a 60% year-on-year increase
Trump’s comments come a day after India’s cabinet approved a semiconductor plant, a joint venture between the HCL Group and Apple’s main supplier Foxconn, at the cost of around $435 Mn
Escalating the ongoing tariff war, US President Donald…
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The US President said that he discouraged Apple’s CEO from manufacturing in India as it is “one the highest-tariff nations in the world”
Apple assembled iPhones worth $22 Bn in India in FY25, marking a 60% year-on-year increase
Trump’s comments come a day after India’s cabinet approved a semiconductor plant, a joint venture between the HCL Group and Apple’s main supplier Foxconn, at the cost of around $435 Mn
Escalating the ongoing tariff war, US President Donald…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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