Apple set a new 'iPhone manufacturing record' in India in the first six months of 2025: Trump Tariffs, fears and ...
Quoting market researcher Canalys, the report said that iPhone production in India surged 53% on-year during the January to June period, reaching 23.9 million units. As per research firm Cybermedia Research (CMR), iPhone export volumes touched 22.88 million units in H1 2025, from 15.05 million a year earlier, an increase of 52%. In value terms, Apple exported $22.56 billion worth of iPhones from India in the first half of 2025, compared to $14.71 billion a year earlier as per CMR. "This shift reflects improving yield rates, line maturity, and Apple's growing confidence in India as a core manufacturing base," said Sanyam Chaurasia, analyst, Canalys.
Donald Trump's 25% tariff threat to Apple
Apple also faces a significant challenge in India as President Trump has warned the company about imposing 25% tariff on imported iPhones if they are not manufactured within US borders. "I have long ago informed Tim Cook of Apple that I expect their iPhones 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 wrote on Truth Social in May. "If that is not the case, a Tariff of at least 25% must be paid by Apple to the US."
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Freehold Apartments in Dubai Starting from AED 675K
Binghatti Developers FZE
Explore
Undo
When Apple 'flew' 5 flights full of iPhones from India in flat 3 days
Apple transported five planes full of iPhones and other products from India to the US in just three days during the final week of March. The urgent shipments were made to avoid a new 10% reciprocal tariff imposed by US President Donald Trump's administration that took effect on April 5. Apple's US warehouses are reportedly stocked for several months ahead with 'made-in-India' iPhones. Analyst said that stockpiling was aimed to allow Apple to maintain current pricing temporarily. 'The reserves that arrived at lower duty will temporarily insulate the company from the higher prices that it will need to pay for new shipments under the revised tax rates,' a source explained to TOI.
In May, the US government later declared a 90-day pause on imposing reciprocal tariffs for most of its trading partners till July 9, which has since been extended to August 1. For India, the US has proposed a 26% tariff.
Biggest iPhone manufacturers in India
Foxconn (Hon Hai) and Tata Electronics are the leading manufacturers of iPhones in India. Last year, Tata Electronics took over operations of Wistron and Pegatron plants in the country.
Apple iPhone 17 series manufacturing has reportedly started in India
Apple is now reportedly planning to undertake simultaneous day-one manufacturing of the upcoming iPhone 17 in China and India. Apple iPhone 17 series is likely set for launch in September. Components for the iPhone 17 are reported to have already started arriving at the Foxconn plant in Tamil Nadu. "While not officially confirmed, the volume and type of these imports make it highly likely that trial production or early-stage assembly has commenced, months ahead of Apple's typical September launch window. This would mark a new benchmark with the earliest ever flagship ramp-up from India," Chaurasia said.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
27 minutes ago
- Business Standard
Tata Motors-owned Jaguar Land Rover to cut several managerial roles in UK
The UK-based car manufacturer welcomed the recent trade deal that eases some pressure on its automotive exports to the American market Press Trust of India London Tata Motors-owned Jaguar Land Rover (JLR) on Thursday confirmed plans to cut hundreds of managerial roles as part of a "limited" voluntary redundancy programme, which it says is aimed at better aligning its leadership workforce with the luxury car brand's business strategy. The UK-based car manufacturer, which has been under pressure from US President Donald Trump's tariff wars, welcomed the recent trade deal that eases some pressure on its automotive exports to the American market. However, the latest figures released last week had revealed a drop in sales in the April to June quarter which had witnessed a temporary pause in shipments to the US amid high tariffs of 25 per cent on cars. "JLR regularly offers eligible employees voluntary redundancy (VR) programmes, a JLR spokesperson said. "Through this limited UK VR programme for managers, JLR is aligning its leadership workforce for the business's current and future needs. We are grateful to the government for delivering at speed the new UK-US trade deal, which gives us the confidence to invest GBP 3.5 bn per annum to realise our strategy which is delivering," the spokesperson said. The number of jobs set to be hit is estimated at around 500 amid high American tariffs which were cut to 10 per cent under the US-UK trade agreement, a rate only covering cars made in the UK. The trade deal terms also cap total annual car exports to the US at 100,000 models, with the higher rate applying to any vehicles crossing that mark. British Prime Minister Keir Starmer had chosen the UK headquarters of JLR in the West Midlands region to deliver a key speech back in May to reassure staff amid the US trade wars. As news of the job cuts emerged, Downing Street said JLR was "responding to challenging global conditions". It comes as JLR ceased production of most Jaguar models ahead of a complete relaunch expected next year. In November 2024, the carmaker unveiled a bold rebrand featuring a pink concept car and replacing its big cat logo with a capital J. Meanwhile, the company revealed on Thursday that it is collaborating with smart electric vehicle (EV) charging software platform to support efforts to make charging more sustainable and affordable. JLR said it is running a pilot scheme in the UK to test the integration of software using 10 electric Jaguar I-PACE models. Together, we are designing and deploying a smart charging solution that will meet our luxury clients' expectations. It will support the transition to electrification through the efficient use of energy, with a view to reducing pressure on the grid and lowering costs for users, said Swarna Ramanathan, JLR Chief Strategy Officer. It forms part of a wider Reimagine' strategy which aims to transform the business to become carbon net zero across supply chain, products, and operations by 2039. Electrification is central to this strategy which will see all brands have a pure electric model and Jaguar entirely electric before the end of the decade.
&w=3840&q=100)
First Post
27 minutes ago
- First Post
Trump to impose 10-15% tariff on over 150 countries — but there's a catch
US President Donald Trump has said that he will impose 10-15% tariff on more than 150 countries. He also said that this bracket will not include large trading partners. read more US President Donald Trump has said that he will impose tariffs in the range of 10 to 15 per cent on more than 150 countries. However, Trump noted that this bracket will not include large trading partners of the United States. Trump told reporters on Wednesday that 'we'll have well over 150 countries that we're just going to send a notice of payment out, and the notice of payment is going to say what the tariff' rate will be. STORY CONTINUES BELOW THIS AD Trump further said that these countries will not be 'big countries and they don't do that much business'. Later in the day, Trump told Real America's Voice that the rate would 'be probably 10 or 15 per cent, we haven't decided yet' The fact that Trump is imposing lesser tariffs on smaller economies suggests that Trump has realised high tariffs are disruptive, according to Alicia Garcia Herrero, the Chief Asia Pacific Economist at Natixis. 'For much of the world —and Asia in particular, which faces among the highest levies— the rate announcement could be read as a positive, providing some certainty for smaller countries with a lower rate than initially threatened,' Herrero told Bloomberg. Herrero further said that the move also signals that 'Trump is realizing that too high tariffs are disruptive." In recent weeks, Trump has sent out letters to various countries to inform them of tariffs that they will face starting August 1. In line with the stand in April, Trump has slapped some of the highest tariffs on some of the closest US strategic and trade partners. For example, Trump has imposed Japan and South Korea with 25 per cent tariff each. Trump has so far sent letters to 22 countries that also include Malaysia (25 per cent), Bangladesh (35 per cent), Indonesia (32 per cent), and South Africa (30 per cent), among others. The United States has some of the most critical trade partnerships with these countries. STORY CONTINUES BELOW THIS AD South Korea and Japan are major supplier of cars, automobile parts, semiconductors, pharmaceuticals, and machinery to the United States; Malaysia is the second-largest supplier of chips; Bangladesh, Indonesia, and Cambodia are manufacturing hubs for apparel and accessories, and South Africa accounts for nearly half of all US platinum imports and was the largest single supplier last year, according to CNN.
&w=3840&q=100)
Business Standard
33 minutes ago
- Business Standard
Why is China losing its shipbuilding dominance: Trump or global slowdown?
The longstanding dominance of China in the global shipbuilding industry has weakened sharply in the first half of 2025. Latest industry data, as cited by the South China Morning Post, shows that Chinese shipyards — which traditionally account for the largest share of new ship orders globally — have recorded a steep fall in new business this year. According to Clarksons Research, new ship orders for Chinese shipyards plunged 68 per cent year-on-year to 26.3 million deadweight tonnes (dwt) in the first six months of 2025. This marks one of the steepest declines in recent years. In contrast, South Korea — world's second-largest shipbuilding nation — saw a relatively modest drop of 7 per cent over the same period, receiving new orders totalling 14.2 million dwt, the report said. Who is replacing China's shipbuilding dominance? Although South Korea also experienced a drop in orders, it narrowed the gap to China in relative terms. China's share of global new ship orders in the first half of 2025 fell from 75 per cent to 56 per cent year-on-year. South Korea's share rose from 14 per cent to 30 per cent over the same period. Although China still remains the largest volume player, this represents a substantial rebalancing of the global shipbuilding market. Experts included in the report suggested that Korean and Japanese shipyards have benefited from shipowners' decisions to build boats outside of China based on increased geopolitical tension. South Korea's major players, including Hyundai Heavy Industries (HHI) and Hanwha Ocean, have also increased their presence in the US market. Both companies have been bidding for contracts related to the maintenance and overhaul of US Navy vessels since 2024. In April this year, HHI signed an agreement to share technology and cooperate with Huntington Ingalls Industries, the largest military shipbuilder in the US. Are Trump's tariffs hurting Chinese shipyards? The report pointed to a combination of factors behind China's falling market share. One of the clearest drivers has been the series of measures by the Donald Trump-led US administration targeting China's shipbuilding sector. In April this year, the US imposed steep fees on ships owned, operated or built by Chinese companies entering American ports. Additional tariffs on Chinese-made equipment used in shipbuilding, including ship-to-shore cranes, have further strained Chinese shipyards' competitiveness. While these restrictions have met with resistance from industry groups, market data suggests they are beginning to have an effect. Beyond ship construction, Chinese shipyards are also losing ground in repair and maintenance services. Data shows China's share of repair work for very large crude carriers (VLCCs) fell from an average of 70 per cent between 2021 and 2024 to around 50 per cent in the first half of 2025. Is weakening global demand affecting Chinese shipbuilding? The US restrictions alone do not fully explain the shift. Analysts cited by South China Morning Post note that a cyclical decline in global shipbuilding demand is also impacting Chinese yards disproportionately. During the demand boom between 2021 and 2024, excess orders typically spilled over from capacity-limited Korean and Japanese yards to China's more flexible shipbuilders. However, with global new orders slowing in 2025, that spillover effect has diminished. Shipowners reportedly prefer Korean or Japanese-built vessels as they fetch higher resale values on the second-hand market, further compounding the downturn for Chinese shipyards. Despite the current slump, larger Chinese shipyards are expected to remain resilient. However, the outlook is less certain for smaller, private yards with weaker order books.
