Apple CEO Tim Cook announced that most iPhones sold in the US will soon be manufactured in India. The shift comes as Apple diversifies production due to US-China trade tensions and rising tariffs. India is now a major player in Apple’s global supply chain.

BulletsIn

• Majority of US-bound iPhones to be made in India soon
• Apple assembled $22B worth iPhones in India last year, 60% growth
• Cook warns tariffs may cost Apple $900M this quarter
• Vietnam to handle US-bound iPads, Macs, Watches, AirPods
• Shift driven by US-China trade tensions, higher tariffs
• India emerging as key iPhone production hub
• China still top producer but India gaining ground
• Apple sales in India hit $8B in FY24, despite only 8% market share
• Shows strategic pivot in Apple’s global manufacturing
• Cook cites continued uncertainty in global trade policy