Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs, sources say

Key Points

  • Apple has chartered cargo flights to transport 600 tons of iPhones from India to the U.S. to circumvent Trump's tariffs on Chinese imports.
  • The company has reduced customs clearance time at Chennai airport from 30 hours to six, facilitating quicker exports.
  • Apple's strategy includes increasing production in India, with Foxconn's Chennai plant now operating on Sundays to meet demand.

Summary

Apple Inc. has taken significant steps to mitigate the impact of U.S. tariffs on its products by shifting some of its iPhone production to India. The tech giant has arranged for cargo flights to transport approximately 1.5 million iPhones from India to the U.S., aiming to avoid the high tariffs imposed on Chinese imports. This move comes as part of Apple's broader strategy to diversify its manufacturing base away from China, where it faces a 125% tariff rate. In India, Apple has managed to expedite customs clearance at Chennai airport, reducing the process from 30 hours to just six, which has been crucial for timely exports. Additionally, to increase production, Apple has pushed for extended operations at Foxconn's Chennai plant, including working on Sundays, which is typically a day off. This adjustment has helped in achieving a 20% increase in production capacity. The efforts underscore Apple's proactive approach to manage supply chain disruptions and tariff-related cost increases, while also highlighting India's growing role in Apple's global manufacturing strategy.

yahoo
April 10, 2025
Stocks
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