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Apple CEO Tim Cook confirms: Majority of new iPhones sold in the US are 'made' in India; while Vietnam is the location for ... - The Times of India

Apple Chief Executive Officer Tim Cook has confirmed that most iPhones sold in the United States last quarter were produced in India, marking a significant shift in the company's manufacturing strategy. While India now serves as the main production hub for iPhones destined for the United States, Vietnam has become the primary location for assembling other Apple products such as laptops, tablets, and smartwatches. China continues to focus on manufacturing for non-US markets.

Cook also highlighted Apple's record revenue growth in India, with strong iPhone sales contributing to double-digit growth in several emerging markets. The company reported a 10 percent increase in global quarterly revenues, reaching 94 billion dollars, with India among the countries achieving record sales. Apple plans to expand its retail presence in India by opening more physical stores.

The shift in manufacturing has drawn criticism from former President Donald Trump, who recently announced new tariffs on imports from India, though electronics remain exempt for now. Cook noted that tariffs have already added significant costs to Apple's operations and warned that future policy changes could further impact expenses.

Original article source: https://timesofindia.indiatimes.com/technology/tech-news/apple-ceo-tim-cook-confirms-majority-of-new-iphones-sold-in-the-us-are-made-in-india-while-vietnam-is-the-location-for-/articleshow/123071759.cms
Source Id: 8798412790

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