According to sources unidentified, Apple could be moving its iPhone production from China to India by 2026, that’s for all iPhones sold in the United States, clearly in response to Trump tariffs on China.
In order to achieve such thing Apple is said to be in talks with Foxconn and Tata.
Out of 10 iPhones sold in the United States 8 are currently made in China and making one in India is said to cost 10% more than it does in China in some cases, at least 5-8% more.
Currently, although these have been subject to change or suspension China faces tariffs of over 100% while India faces a 10% tariff, making India much more attractive, even though it is not a first for Apple to be said to be interested in diversifying its manufacturing and supply chain. Foxconn and Tata in India have three factories in total with two more being built.
Part of the costs making India 5-8% costlier than China and in some cases 10% are higher than other countries duties on importing mobile parts.
Analyst Craig Moffett, ranked as a top analyst by Institutional Investor multiple times told his clients the move is to be questioned because iPhone components will still be made in China, he does however have a sell rating on Apple stock.
