Apple Plans To Shift Most U.S. iPhone Imports To India As Tariff Risks Grow

Benzinga

Apple plans to import most iPhones sold in the U.S. from India by the end of next year, according to Bloomberg. The move would roughly double Apple's India output to more than 80 million units annually, up from just over 40 million in the fiscal year through March 2025. Apple’s shift is driven by Trump-era tariffs and ongoing U.S.-China tensions, as well as disruptions caused by Covid lockdowns at Chinese plants. About 20% of all iPhones are now made in India, where Foxconn and Tata are expanding operations.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Apple plans to import most iPhones sold in the U.S. from India by the end of next year,

00:06according to Bloomberg.

00:07Move would roughly double Apple's India output to more than 80 million units annually,

00:11up from just over 40 million in the fiscal year through March 2025.

00:15Apple's shift is driven by Trump-era tariffs and ongoing U.S.-China tensions,

00:20as well as disruptions caused by COVID lockdowns at Chinese plants.

00:24About 20% of all iPhones are now made in India,

00:26where Foxconn and Tata are expanding operations.

00:29For all things money, visit Benzinga.com slash GSTV.

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