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Nearly all India iPhone exports go to US as Apple tackles tariffs
Financial Express Pune
|June 14, 2025
Foxconn ships $3.2-bn devices in March-May
NEARLY ALL THE iPhones exported by Foxconn from India went to the US between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple's efforts to bypass high US tariffs imposed on China.
The numbers show Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to countries including the Netherlands, the Czech Republic and Britain.
During March-May, Foxconn exported iPhones worth $3.2 billion from India, with an average 97% shipped to the US, compared to a 2024 average of 50.3%, according to commercially available customs data seen by Reuters.
India iPhone shipments by Foxconn to the US in May 2025 were worth nearly $1 billion, the second-highest ever after the record $1.3 billion worth of devices shipped in March, the data showed.
Apple declined to comment, while Foxconn did not respond to a Reuters request for comment.
Dit verhaal komt uit de June 14, 2025-editie van Financial Express Pune.
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