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Even With 25% Tariff, 'Made in India' iPhones Will Still Be Cheaper in the US report from the Global Trade Research Initiative (GTRI) reveals that even if the US imposes a 25% import tariff on iPhones made in India, the total production cost would still be lower than manufacturing iPhones in the US. Manufacturing an iPhone in the US would cost around $900. Assembling in India costs about $30. Indian assembly workers earn about $250/month. In contrast, US labor costs are 10x higherโup to $2,900/month. India offers government incentives for iPhone production through the PLI scheme. Apple saves millions in taxes and gets subsidies in India. No such benefits in the US. also India has now built robust supply chains and skilled labor for electronics. iPhone factories (like Foxconn, Pegatron) in India have optimized costs and access to components faster and cheaper due to global trade partnerships.
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Apple has 2 choices ๐ฅ Move iPhone production to the U.S. Or keep it in China and pay the price. 350,000 workers assemble iPhones in Zhengzhou, China Labor cost: ~$5/hour U.S. labor cost: ~$35/hour Result? Shifting production to the U.S. could i
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No one can beat China, even the US. Here's why: 1. Production Cost: iPhone assembly in China costs ~$6/unit vs. $30+ in the US. Tesla builds EVs in Shanghai 30% cheaper than in the US. 2. Labor & Scale: Average manufacturing wage in China is ~$3.5
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Apple has assembled iPhones worth $14 billion in India in the fiscal year 2024. Apple assembles 14% of its iPhones in India, which means 1 out of every 7 iPhones is assembled in India. Foxconn owns 67% of the iPhones assembled in India, Pegatron
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In the wake of the US-China trade conflict, tech major Apple will source most of the iPhones sold in the North American nation in the June quarter from India. Apple CEO Tim Cook made the announcement in a post-earnings call. The CEOโs confirmation c
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โiTariff Trouble: Trump Tells Apple to โBuild in the USA or Pay the Price!โโ Well, well, wellโฆ it looks like Donald Trump just gave Apple a not-so-sweet slice of the tariff pie! A 25% import tariff on iPhones not made in the US? Thatโs like telling
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BIG WIN for India! Apple CEO Tim Cook just announced that most iPhones sold in the U.S. from Q3 will be MADE IN INDIA.๐ Yes, you read that rightโIndia is becoming Appleโs iPhone factory for the worldโs biggest market. Hereโs why this is a game-cha
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Apple plans to shift all U.S.-bound iPhone production to India, marking a significant move to reduce its reliance on China. This strategic pivot comes as the tech giant seeks to diversify its supply chain amid rising geopolitical tensions and trade u
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