Apple to shift most US iPhone production to India by 2026 to avoid China tariffs: reports
Apple is reportedly planning to shift most production of the iPhones it sells in the US to factories in India by the end of 2026 – as CEO Tim Cook’s firm looks to dodge massive tariffs on Chinese imports.While the Cupertino, Calif.-based firm had already added more manufacturing capacity in India in recent years, it has accelerated those plans as US-China trade relations have soured. That’s despite the fact that manufacturing costs can be as much as 10% higher in India.Apple is holding “urgent talks” with k ...