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Apple aims to build most iPhones for U.S. in India by end-2026 [Fortune]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The goal means Apple would roughly double its annual iPhone output in India to more than 80 million units, people familiar with the matter said, asking not to be identified discussing internal plans. Apple assembled just over 40 million iPhones in India in the fiscal year through March 2025. It sells more than 60 million iPhones a year in the US. The plans are the latest sign of Apple and its suppliers accelerating a pivot away from China, a process that began when harsh Covid lockdowns hurt production at its largest plant. Tariffs introduced by US President Donald Trump as well as Beijing-Washington tensions are prompting Apple to amplify that effort. Apple representatives in India didn't immediately respond to a request for comment. The Financial Times reported earlier Apple's goal was to source all its US-sold iPhones from India by the end of 2026. Bloomberg News previously reported Apple's plan to increasingly prioritize iPhones from the India supply chain for its US customer
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