Apple (AAPL) Soars on India Production Boost Amid China Tariff Avoidance
Apple increased iPhone production in India by 53%, now making 25% of phones there to avoid China tariffs, boosting suppliers like Redington.
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Apple increased iPhone production in India by 53%, now making 25% of phones there to avoid China tariffs, boosting suppliers like Redington.
Apple is exploring chip assembly and packaging in India to localize iPhone production, reduce tariffs, and accelerate manufacturing shifts away from China by 2026.
Taiwan plans to double chip and electronics exports to India over 5–7 years as iPhone-driven Indian smartphone shipments to the U.S. surge; Taiwanese investors and Apple suppliers like Foxconn are ex…