The goal means Apple would roughly double its annual iPhone output in India to more than 80 million units.
Read More Next year, nearly all American iPhones will say 'Made in India'
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Premarket: Apple is green
5 months ago
5 months agoFrom Barron's' "Stock Futures Surge Higher as Trump Eases China, Powell Fears" posted early Wednesday.
The President messes with Apple at his peril
5 months ago
5 months ago"Apple’s monument to globalisation is an unlikely force for peace."
"Even if tariffs extend beyond China, we do not think Apple will produce the iPhone in the US." — Analyst Amit Daryanani
Read More Evercore: Deep dive into Apple's new tariff regime
Canalys begs to differ.
Read More Counterpoint: Apple overtook Samsung in March quarter
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
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
5 months ago
5 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
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