Apple plans to dodge tariff impact on iPhones with this major change, source says

Apple aims to make most of its iPhones sold in the United States at factories in India by the end of 2026, and is speeding up those plans to navigate potentially higher tariffs in China, its main manufacturing base, a source told Reuters.

Apple is holding urgent talks with contract manufacturers Foxconn and Tata to achieve that goal, said the person, who declined to be named as the planning process is confidential.

Apple, Tata and Foxconn did not immediately respond to requests for comment.

Apple sells over 60 million iPhones in the U.S. annually with roughly 80% of them made in China. The tech giant is now looking to move the majority of that production to India, the source said.

Apple has already stepped up production in India to beat U.S. President Donald Trump’s tariffs, shipping some 600 tons of iPhones worth $2 billion to the United States in March. The shipments from India marked a record for both its contractors Tata and Foxconn, with the latter alone accounting for smartphones worth $1.3 billion, Reuters reported last week.

In April, the U.S. administration imposed 26% duties on imports from India, much lower than the more than 100% China was facing at the time. Washington has since paused most duties for three months, except for China.

Trump’s administration has since signalled openness to de-escalating the trade war between the world’s two largest economies that has raised fears of recession.

The Financial Times first reported about Apple’s plan on Friday.

As Apple diversifies its manufacturing beyond China, it has positioned India for a critical role. Foxconn and Tata, its two main suppliers there, have three factories in all, with two more being built.

—Munsif Vengattil, Akash Sriram, and Disha Mishra, Reuters

https://www.fastcompany.com/91323431/apple-plans-dodge-tariff-impact-iphones-major-change-source-says?partner=rss&utm_source=rss&utm_medium=feed&utm_campaign=rss+fastcompany&utm_content=rss

Utworzony 3mo | 25 kwi 2025, 13:10:10


Zaloguj się, aby dodać komentarz

Inne posty w tej grupie

Elon Musk says he’s bringing back Vine in AI form. Here’s what that could mean

Good news: Vine might be coming back. Bad news: in AI form, courtesy o

24 lip 2025, 22:50:08 | Fast company - tech
Apple’s iOS 26 public beta is out. Here’s how to install it safely

A stable “release” version of Apple’s iOS 26 is due in September, but you can now try an in-progress version, called the public beta. It previews a revamped interface and new fea

24 lip 2025, 20:40:06 | Fast company - tech
Apple iOS 26 is now available to the public. Here’s how to get it—and 5 useful new features to try

In June, Apple previewed the iPhone’s next operating system, iOS 26. Without a doubt, the headline feature of iOS 26 (yes, the iPhone’s OS

24 lip 2025, 20:40:04 | Fast company - tech
Hulk Hogan changed media forever with his ‘Gawker’ lawsuit

">Tear a tanktop in half today for Terry Bollea, the entertainer better known as Hulk Hogan, who has died at age 71.

Though he was

24 lip 2025, 20:40:03 | Fast company - tech
Trump’s ‘AI Action Plan’ smoothes the way for a bulked-up electrical grid

Welcome to AI DecodedFast Company’s weekly newsletter that breaks down the most important news in

24 lip 2025, 18:20:06 | Fast company - tech
Time anxiety is ruining your life. It doesn’t have to

Chris Guillebeau spent years racing against time, visiting all 193 countries before he turned 35, hosting annual gatherings of thousands, and writing bestsellers like The $100 Startup. Bu

24 lip 2025, 13:40:04 | Fast company - tech