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Pascal Siakam steals spotlight with jaw-dropping dunk in Game 6 of NBA Finals

Pascal Siakam steals spotlight with jaw-dropping dunk in Game 6 of NBA Finals

Time of India6 hours ago

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Foxconn to make 'new component' for iPhones in India that has so far been Tata Electronics' 'exclusive' locally; and what makes it important after Trump's 25% Tariff threat
Foxconn to make 'new component' for iPhones in India that has so far been Tata Electronics' 'exclusive' locally; and what makes it important after Trump's 25% Tariff threat

Time of India

timean hour ago

  • Time of India

Foxconn to make 'new component' for iPhones in India that has so far been Tata Electronics' 'exclusive' locally; and what makes it important after Trump's 25% Tariff threat

Trump has asked Apple CEO to stop iPhone manufacturing in India and relocate production to the United States. Apple supplier Foxconn is preparing to produce iPhone metal casings in India for the first time, breaking Tata Electronics ' exclusive hold on this component manufacturing locally. The move comes as Apple deepens its Indian operations amid President Trump 's recent threat of 25% tariffs on iPhones not manufactured in the United States. According to The Economic Times, Foxconn is establishing a dedicated unit at ESR Industrial Park in Oragadam, Tamil Nadu, specifically for iPhone enclosure production. Until now, the company's Indian operations focused primarily on iPhone assembly at its Sriperumbudur facility, along with AirPods assembly in Hyderabad. Strategic diversification amid geopolitical tensions The timing appears significant following Trump's Truth Social warning to Apple CEO Tim Cook , demanding iPhone production move to America or face substantial tariffs. "I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else," Trump posted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo Despite the political pressure, Apple continues expanding its Indian manufacturing footprint. The enclosure production represents part of Apple's broader supply chain diversification strategy, reducing dependence on any single region or supplier. Limited immediate impact but long-term significance While iPhone casings constitute only 2-3% of the device's total bill of materials, industry analysts view this as strategically important. Neil Shah from Counterpoint Research noted in ET's report that even with enclosure production, Foxconn's total India-based value addition will likely remain below 10%. "This aligns well with Apple's broader strategy to derisk and diversify its supply chain," Prabhu Ram from CyberMedia Research. told The Economic Times. "As India emerges as a lynchpin in Apple's growth momentum, it is a natural progression for Foxconn to expand its capabilities." Construction on the new facility has already begun at the same industrial park housing Foxconn's upcoming display module assembly plant. The development signals Apple's commitment to building an end-to-end manufacturing ecosystem in India, regardless of Washington's demands for American production.

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