By rssfeeds-admin According to a report in Bloomberg, citing anonymous sources, the move is intended to accelerate a shift away from China to “mitigate risks related to tariffs and geopolitical tensions.” The move would effectively see Apple double its annual output of iPhones from India with all units bound for the U.S. market being assembled there — more than 80 million phones.
Bloomberg said that Apple assembled just over 40 million iPhones in India in the most recent fiscal year, which ended in March.
Separate reports from the Financial Times citing sources “familiar with the matter,” and Reuters, citing a source, also indicated Apple was aiming to make most iPhones sold in the U.S. in India. According to Reuters, Apple is holding “urgent talks” with contract manufacturers Foxconn and Tata to help facilitate the shift in production.
Annually, Apple sells more than 60 million iPhones in the U.S. with roughly 80% of them made in China. The Trump administration, which has enacted steep tariffs of 145% on Chinese exports, said negotiations were currently underway with China.
On Tuesday, President Donald Trump said negotiations were going “fine with China.” However, on Thursday, a Chinese government spokesperson denied it was in active negotiations with the U.S.
Apple maintains its headquarters in Cupertino.
The Associated Press contributed to this report.
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