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This is a clear sign that the US is trying to pivot away from China while still maintaining affordable consumer electronics. Smart move removing the tariffs right now, but I'm skeptical about how this benefits India in the long run. Sure, Foxconn is expanding in UP, but they're notorious for promising big investments and delivering much less. Remember Wisconsin? They announced a $10 billion factory and then drastically scaled back. I'll believe this gives India "extra negotiation power" when I actually see the factory built and fully operational.
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The USA announced yesterday that they are removing tariffs on smartphone and computer products. Following this, today Foxconn also announced that they are planning to purchase 300 acres of land in Uttar Pradesh to expand their manufacturing setup. As
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US President-elect Donald Trump has reiterated his plan to implement reciprocal tariffs on countries that impose high duties on American goods, specifically mentioning India and Brazil. At a press conference in Mar-a-Lago, Trump highlighted the dispa
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Apple has shipped $6 billion worth of iPhones from India, as it shifts production away from China Three suppliersโFoxconn, Pegatron, and Tata Electronicsโassemble iPhones in India Exports from India grew by a third in the past six months
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Why Google Is Considering India for Pixel Production? Alphabet Inc., the parent company of Google, is in talks with Dixon Technologies and Foxconn to move part of its Pixel smartphone production to India. This shift is mainly for phones that will
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