This will help the company avoid excess duties of 145%imposed on products imported from China
OR Apple It carries out the production of all iPhone sold to the US to IndiaFrom next year, in an attempt to get away from China in a trade war with the US, according to Financial Times.
Apple’s strategy change becomes faster and more extensive than investors estimate, with the aim of coming from India over 60 million iPhone sold in the US annually by the end of 2026.
This means that the production of iPhone in India will double, after nearly two decades in which Apple has invested in China to create a top production line that made it a $ 3 trillion technological colossus.
Transfer of production to India will help Apple avoid excessive duties of 145%imposed on China products.
Apple is steadily developing productive in India through affiliated Tata Electronics and Foxconn manufacturers. These efforts have been accelerated in recent years, especially after the company faced some production disorders in China due to riots, and in April.
It is noted that India was hit by 26%duties, which have been temporarily suspended as New Delhi seeks a bilateral trade agreement with the US. Indeed, US Vice President TEI Di Vans said recently that the two countries were making “very good progress”.
About 28% of Apple’s iPhones were sent to the US in 2024, according to International Data Corporation, so Apple will need to further increase its production capacity in India to fulfill all US orders.