From "BT Exclusive: iPhone manufacturer Foxconn plans new facility in Greater Noida, to create 40,000 jobs" posted Monday by Business Today.
Read More iPhone maker Foxconn building huge new factory in Northern India
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President Donald Trump issued his own clarification Sunday, stating that no such exemptions to tariffs had been made Friday.
Read More Apple's China tariffs: More on the way, says White House
India now makes 20% of Apple's iPhones
3 months ago
3 months ago"In 2022, Bloomberg Intelligence estimated it would take eight years to move just 10% of Apple’s production capacity out of China."
"Tim Cook, Apple’s chief executive, has been at the forefront of the industry’s courtship of Mr. Trump."
Read More What role did Apple play in negotiating a tech tariff reprieve?
"This is a major development."
Read More Report: Apple got tariff carve outs for Macs and iPhones
"No US tech company is more negatively impacted by these tariffs than Apple."
Read More Daniel Ives: 'China holds a lot of cards in this game of poker'
"Boston is over 500,000 people. The whole city would need to stop everything and start assembling iPhones."
Read More Mark Gurman: Where in the U.S. could Apple build an iPhone city?
Report: Apple's iPhone airlift reaches 600 tons
3 months ago
3 months agoApple "wanted to beat the tariff," said one of the sources familiar with the planning.
"As we've had more time to think about potential mitigation efforts, a new train of thought has emerged." — Morgan Stanley analyst Erik Woodring
Read More How Apple could squeak by without raising iPhone prices
In 2016, when Mr. Trump was urging his supporters to boycott Apple products and threatening huge China tariffs, little wonder that Mr. Cook, a quiet Democrat and a strong supporter of L.G.B.T.Q. rights and diversity initiatives, went on a charm offensive.
Read More Tim Cook's charm offensive: Will it work a second time?
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