Apple Turbocharges Friendshoring: Your Next iPhone Could Be Made In India [zero hedge]
Apple Inc. (AAPL)
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Source: zero hedge
Apple Turbocharges Friendshoring: Your Next iPhone Could Be Made In India Apple is turbocharging its "friend-shoring" strategy , thanks in large part to President Trump's ongoing trade war with Beijing, by initiating plans to shift all iPhone production for the U.S. market from China to India starting next year, according to the Financial Times , citing sources. The move marks a significant step toward diversifying Apple's supply chain away from China, in an effort to avoid tariffs. The sources said the continued diversification of the supply chain into India may suggest that iPhone production could be ramped up to 60 million units by the end of 2026, or the amount required to satisfy the U.S. market. Apple still relies heavily on Chinese suppliers for components, but final assembly is being relocated to Indian facilities operated by Foxconn and Tata Electronics. Unbeknownst to U.S. consumers, Apple has already ramped up production of Indian-made iPhones to avoid the 145% tariffs Trum
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