Skip to content 
Search

Latest Stories

Foxconn sends 97 per cent of India iPhone exports to US amid tariff push

The data showed that 97 per cent of Foxconn’s iPhone exports during this period went to the US, significantly higher than the 2024 average of 50.3 per cent.

Apple India Reroutes 97% of iPhones to US Amid Tariff Push

Apple iPhones are seen inside India's first Apple retail store in Mumbai, India, April 17, 2023.

REUTERS

NEARLY all iPhones exported by Foxconn from India between March and May were shipped to the United States, according to customs data reviewed by Reuters.

The data showed that 97 per cent of Foxconn’s iPhone exports during this period went to the US, significantly higher than the 2024 average of 50.3 per cent.


This marks a shift in Apple’s export strategy from India, which earlier supplied iPhones to several destinations including the Netherlands, the Czech Republic and Britain. Now, India-made devices are being directed almost exclusively to the US market.

Between March and May, Foxconn exported iPhones worth 3.2 billion US dollars (around 2.35 billion pounds) from India, with most shipments heading to the United States. In May 2025 alone, shipments were valued at nearly 1 billion dollars (around 735 million pounds), the second-highest monthly figure after the record 1.3 billion dollars (around 955 million pounds) in March.

Apple declined to comment, and Foxconn did not respond to a Reuters request for a statement.

Tariff pressure

US president Donald Trump on Wednesday said China would face 55 per cent tariffs under a plan agreed in principle by both countries, subject to final approval. India, like many US trading partners, faces a baseline 10 per cent tariff and is negotiating to avoid a 26 per cent “reciprocal” levy that Trump announced and then paused in April.

In May, Trump criticised Apple’s increased production in India. “We are not interested in you building in India, India can take care of themselves, they are doing very well, we want you to build here,” he said, recalling a conversation with Apple CEO Tim Cook.

In the first five months of 2025, Foxconn exported iPhones worth 4.4 billion dollars (around 3.23 billion pounds) to the US from India. This already exceeds the 3.7 billion dollars (around 2.72 billion pounds) shipped in the whole of 2024.

Export push

Apple has been accelerating its iPhone shipments from India to reduce dependence on China amid rising tariffs. In March, the company chartered aircraft to move iPhone 13, 14, 16 and 16e models worth roughly 2 billion dollars (around 1.47 billion pounds) to the US.

Apple has also urged Indian airport authorities to reduce customs clearance time at Chennai airport, a key hub for iPhone exports in Tamil Nadu, from 30 hours to six hours, Reuters has reported.

“We expect made-in-India iPhones to account for 25 per cent to 30 per cent of global iPhone shipments in 2025, as compared to 18 per cent in 2024,” said Prachir Singh, senior analyst at Counterpoint Research.

Tata’s role

Tata Electronics, another Apple iPhone supplier in India, shipped nearly 86 per cent of its iPhones to the US during March and April, the customs data showed. Data for May was not available.

The Tata Group company began exporting iPhones in July 2024. During 2024, 52 per cent of its shipments went to the US, according to the data. Tata declined to comment.

Indian prime minister Narendra Modi has promoted India as a smartphone manufacturing hub. However, high import duties on mobile phone components continue to make domestic production more expensive than in many other countries.

Apple has historically sold over 60 million iPhones annually in the US, with approximately 80 per cent made in China.

 

(With inputs from Reuters)

More For You

LET Mining: The world's leading cloud mining platform, the best way to earn passive income

LET Mining: The world's leading cloud mining platform, the best way to earn passive income

Today, as the digital economy continues to evolve, passive income is no longer a wealth tool exclusive to the rich, but something that everyone can touch and participate in. With the integration of blockchain technology and green energy, LET Mining is providing global users with a new way of passive income: no operation, zero technical threshold, and daily income.

What is LET Mining?

LET Mining is an innovative cloud mining service platform that simplifies the complex cryptocurrency mining process into a few simple steps through cloud computing technology, allowing ordinary users to easily participate in digital currency mining and obtain stable passive income without purchasing expensive hardware equipment or mastering professional technical knowledge.

Keep ReadingShow less
JLR Tata

A logo is pictured outside a Jaguar Land Rover new car show room in Tonbridge, south east England.

JLR Q1 sales dip as US tariffs hit exports

Jaguar Land Rover (JLR) reported a 10.7 per cent drop in sales for the April–June quarter, as a temporary pause in shipments to the United States and the phase-out of Jaguar’s legacy models weighed on volumes.

The company, owned by India’s Tata Motors, sold 87,286 units to dealers worldwide during the quarter, compared to 97,755 units in the same period last year.

Keep ReadingShow less
Bangladesh seeks US deal to shield garment industry from tariffs

Workers are engaged at their sewing stations in a garment factory in Savar, on the outskirts of Dhaka, on April 9, 2025. (Photo by MUNIR UZ ZAMAN/AFP via Getty Images)

Bangladesh seeks US deal to shield garment industry from tariffs

BANGLADESH, the world's second-biggest garment manufacturer, aims to strike a trade deal with the US before Donald Trump's punishing tariffs kick in next week, said the country's top commerce official.

Dhaka is proposing to buy Boeing planes and boost imports of US wheat, cotton and oil in a bid to reduce the trade deficit, which Trump used as the reason for imposing painful levies in his "Liberation Day" announcement.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Bond yields ease following Starmer’s support for Reeves

THE COST of UK government borrowing fell on Thursday, partially reversing the rise seen after Chancellor Rachel Reeves became emotional during Prime Minister’s Questions.

The yield on 10-year government bonds dropped to 4.55 per cent, down from 4.61 per cent the previous day. The pound also recovered slightly to $1.3668 (around £1.00), though it did not regain all its earlier losses.

Keep ReadingShow less