Apple, Trump
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U.S. President Donald Trump has once again threatened Apple regarding the manufacturing of iPhones in India. On Friday, Trump said that the production of iPhones sold in America should be done in America,
This development comes at a time when uncertainty looms large, fuelled by U.S. President Donald Trump’s all-out tariff impositions on allies and adversaries alike. This has led companies like Foxconn to diversify geographically and have alternative manufacturing bases, a welcoming development for India as it entails big-ticket investments.
President Trump threatens Apple with 25% tariffs unless iPhone production moves to the USA. This challenges Apple's India expansion amid global trade tensions.
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Stocktwits on MSNApple’s India Ambitions Gain Momentum As Foxconn Invests $1.5B In Local iPhone Assembly ArmAs Apple (AAPL) struggles to resolve supply chain issues amid ongoing tariff uncertainties, its supplier, Hon Hai Precision Manufacturing, aka Foxconn, has increased investment in its Indian subsidiary.
Apple to Shift U.S. iPhone Production to India Following Trade Issues with China There is now even more incentive to relocate production. An April 2024 report claims that 14% of global iPhone ...
AFP/Getty On the back of a visit to India by Vice President JD Vance, a new report says that Apple hopes to move production of all U.S.-bound iPhones to the country by the end of 2026. The move is ...
The Trump administration is eager to get Apple to bring iPhone production to the U.S. – an ambition that analysts have said is nearly impossible to achieve. Dan Ives, global head of technology ...
Founder Grace Wang says moving production of electronics to the U.S. would be extremely hard. (VCG/Getty Images) Luxshare Precision Industry, a key assembler of the iPhone and other Apple products ...
That said, there are other ways Apple can move its production around. J.P. Morgan analysts estimate that moving Apple's assembly to the U.S. would increase costs by 30% - likely a costlier outcome ...