Worldwide, Apple sells more than 220 million smartphones annually, according to Counterpoint Research, who estimates that India accounts for one-quarter of all goods to the US and China for the rest.
Trump has consistently increased US tariffs on China, increasing from 54 % to 125 percent on Wednesday.
According to estimates based on estimates by Rosenblatt Securities, the US$ 1, 599 value of the premium phone 16 Pro Max may have increased to US$ 2, 300 at the 54 % tax rate.
Weekend Transitions
According to the source, Apple increased air shipments in India in order to meet its goal of a 20 % increase in the average production at its iPhone factories, which was achieved by adding more workers and temporarily extending Sunday operations at the biggest Foxconn India factory.
Two additional direct sources confirmed that the Foxconn plant in Chennai currently operates on Sundays, which are usually on vacation. Last year, the factory produced 20 million iPhones, including the newest versions of the phone 15 and 16.
As Apple expands beyond China to include production in other markets, it has positioned India for a crucial position. There are three companies overall, with two more be built, and Foxconn and Tata, its two major suppliers, are the other two.
According to a top Indian national, Apple spent about eight weeks planning and setting up the expedited traditions certification process in Chennai, and Prime Minister Narendra Modi’s authorities asked officials to back Apple.
According to economically accessible customs data, Foxconn supplies from India to the United States increased in value to US$ 770 million in January and US$ 643 million in February, compared to the collection of US$ 110 million to US$ 331 million in the previous four months.
Chicago, Los Angeles, New York, and San Francisco were the offload locations for more than 85 % of Foxconn’s January and February heat supplies.
Foxconn did not respond to Reuters ‘ inquiries.