Apple may shift some of its iPhone production to India: Short-term fix or a long-term pivot?

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In a move to beat the heat of rising tariffs, Apple is shifting a portion of its iPhone production to India, looking to sidestep the blistering costs on Chinese imports, according to a Wall Street Journal report citing sources.

The $2.3-trillion tech giant may look to reduce the impact of hefty 54% tariff slapped on imports from China by the US President Trump. The company’s shares are down nearly 26% this year so far as investors nervously watch the tariff war between the US and China unravel.

Tech Insights estimates that the 54% tariff could add…



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Apple may shift some of its iPhone production to India: Short-term fix or a long-term pivot?


In a move to beat the heat of rising tariffs, Apple is shifting a portion of its iPhone production to India, looking to sidestep the blistering costs on Chinese imports, according to a Wall Street Journal report citing sources.

The $2.3-trillion tech giant may look to reduce the impact of hefty 54% tariff slapped on imports from China by the US President Trump. The company’s shares are down nearly 26% this year so far as investors nervously watch the tariff war between the US and China unravel.

Tech Insights estimates that the 54% tariff could add…



Source link

Disclaimer

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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