Latest news with #AppleiPhones
Daily Tribune
12 hours ago
- Business
- Daily Tribune
India now supplies one-third of US smartphone imports, eroding China's lead
TDT | agencies As of mid-2025, India accounts for 36 per cent of US smartphone imports, up from 11 per cent a year ago, according to a report by The Indian Express. The shift is driven largely by Apple's expanding manufacturing footprint in India, underpinned by policy incentives and rising geopolitical tensions with China. Between January and May 2025, the US imported 21.3 million smartphones from India, more than triple the volume from the same period last year. In value terms, Indian-made smartphones shipped to the US surged 182 per cent year-onyear to $9.35 billion, already surpassing the full-year figure for 2024. Smartphones are currently India's top export to the US by value. China's smartphone export to US shrink China remains the largest smartphone supplier to the US, but has seen its dominance shrink. Shipments dropped by 27 per cent in the first five months of the year to 29.4 million units, valued at around $10 billion. China's share of US smartphone imports fell from 82 per cent in early 2024 to 49 per cent in 2025. Vietnam followed with 14 per cent of shipments, or 8.3 million units. Facing this decline, Chinese manufacturers have begun slashing prices to stay competitive. According to data from China's General Administration of Customs, the average export price of smartphones shipped to the US fell 45 per cent in June compared to a year earlier. As earlier reported by Business Standard, the price cuts come despite a temporary pause on new tariff hikes under a 90- day trade truce between Beijing and Washington. Most Chinese goods continue to face a combined tariff of around 30 per cent, with smartphones subject to a 20 per cent tariff imposed earlier this year. The pressure on Chinese exports has been severe. Smartphone shipments to the US fell 71 per cent in June alone. In April, Chinese exports of Apple iPhones and other mobile devices plunged 72 per cent to under $700 million — the lowest monthly value since 2011. Apple accelerate India-made iPhone production In contrast, Apple has accelerated its manufacturing shift to India. Apple began shifting production to India in 2020, starting with older models and now including the full iPhone lineup through its contract manufacturers such as Foxconn. Roughly 20 per cent of its global iPhone production is now based here. In May, Foxconn announced a $1.49 billion investment in its Indian unit, Yuzhan Technologies, to expand production in Tamil Nadu. India's supply chain is still smaller than China's, but growing. Apple's Indian suppliers rose from 14 in 2023 to 64 in 2025, compared to 157 in China. Rise of India's electronic manufacturing sector India's overall electronics manufacturing has also seen significant growth. According to government data, the number of mobile manufacturing units rose from just two in 2014- 15 to 300 in 2024-25. Mobile phone production grew 28-fold to Rs5.45 trillion, with exports climbing 127 times to Rs2 trillion during the same period. The sector has attracted over $4 billion in foreign direct investment since FY21, including $2.8 billion from PLI beneficiaries. Meanwhile, US President Donald Trump has threatened to impose a 25 per cent tariff on Indian-made iPhones, pressing for a return of manufacturing to US soil. Despite this, the tech giant and its partners appear committed to India as a longterm manufacturing base.
Hindustan Times
15 hours ago
- Business
- Hindustan Times
Beyond Gemini, Samsung Galaxy S26 5G will likely let you pick its AI brain
As Samsung prepares for next year's flagship launch, it is reported to expand its AI reach for its upcoming devices. While we are accumulating the Galaxy S26 5G series leaks and rumours, Samsung is reportedly in talks with several companies to expand its AI services apart from Google's Gemini. Therefore, it is expected that the upcoming Samsung Galaxy S26 series could offer additional AI assistant options, instead of Bixby and Gemini. Samsung is expected to finalise a deal with Perplexity for integrating its AI chatbot. Here's what we know so far.(Bloomberg) Now, Samsung users will have greater chatbot support, as they will be able to decide with an AI assistant they want to use on a day-to-day basis. Samsung Mobile Division President and COO, Choi Won-Joon, has also confirmed the claims of the company 'talking to multiple vendors' for AI integration. Therefore, know what AI upgrades we can expect from the Galaxy S26 series Samsung Galaxy S26 5G series likely to get a major AI upgrade According to a Bloomberg report, Samsung is in talks with multiple AI companies to expand its AI capabilities for the upcoming Galaxy S26 5G series. It was highlighted that the upcoming flagship could see options for several AI assistants apart from Google's Gemini. Regarding the expansion, Choi Won-Joon said, 'As long as these AI agents are competitive and can provide the best user experiences, we are open to any AI agent out there.' Earlier, Samsung was also rumoured to be in talks with Perplexity for its AI chatbot expansion. Now, the recent report has stated that the companies are nearing finalisation. Samsung is also expected to invest in Perplexity while also bringing its AI capabilities to its smartphones. Now, users will not have to rely on any specific AI assistant for their AI interactions. If the deal pans out, these new AI assistants will be preinstalled on the Galaxy S26 series, similar to how we access Gemini. However, Samsung is yet to finalise the deal, and may reach out to other vendors as well before the launch. With AI expansion, Samsung is not only expanding its AI reach but also reducing its dependence on Google. Additionally, if the deal went through, Samsung's flagship models would also compete with Apple iPhones, since they rely on OpenAI's ChatGPT for AI tasks and search queries. Apart from this AI upgrade, the Samsung Galaxy S26 Ultra is expected to get a major camera and performance boost. Reportedly, the Galaxy S26 series is expected to be powered by a Samsung-made Snapdragon 8 Elite 2 chip. We may also get an upgrade to 16GB of RAM next year.
Time of India
3 days ago
- Business
- Time of India
Karnataka Industrial Area Development Board plans to supply Cauvery water from Yelahanka to Information Technology and Investment Region
Bengaluru: KIADB is drawing up plans to supply potable Cauvery water from BWSSB's Yelahanka pumping station to the Devanahalli General Industrial Area, better known as Information Technology and Investment Region (ITIR). Electronics manufacturing giant Foxconn, which assembles Apple iPhones, has already commenced operations in a 300-acre unit within ITIR, located between Devanahalli and Doddaballapur, near the Bengaluru Rural DC office. With no viable water source in the area and groundwater levels deeper than 1,000 feet, KIADB (Karnataka Industrial Area Development Board) sought govt assistance after investors demanded potable water for their units. The state govt recently approved 0.25 tmcft—around 708 crore litres—of drinking water for ITIR. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru "The investors have demanded potable water, and hence KIADB approached the govt," a senior board officer said. A detailed project report (DPR) is being prepared to lay a 25km pipeline between ITIR and Pinakini Bhavana, located off Doddaballapur Road in Yelahanka. "There is a shortage of drinking water in ITIR, and hence the board is planning to supply it from Yelahanka," said Ashok Kumar, executive engineer at KIADB. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Farmer Is Tired Of People Illegally Parking On His Land And Takes Revenge Novelodge Undo "We will supply Cauvery water from BWSSB to the ITIR for only drinking purposes. The project will start soon." KIADB chief executive officer M Mahesh confirmed the plan: "The board will supply potable water for Foxconn from Yelahanka." ITIR was envisioned over 2,072 acres spread across eight villages—Byradenahalli, Doddagollahalli, Chapparadahalli, Ramanathapura, Aruvanahalli, Rabbanahalli, Linganahalli, and Konaghatta—in Bengaluru Rural district. With Foxconn operational in the first phase, KIADB has now issued notifications for acquiring more land to launch the second phase of ITIR. Officials said the demand for land in the area has grown rapidly after Foxconn's entry. The region's proximity to the Satellite Town Ring Road (STRR), Kempegowda International Airport and the Doddaballapur railway station has added to its appeal as a manufacturing hub.
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First Post
4 days ago
- Business
- First Post
Every third smartphone US imports is now made in India as China's share declines
Driven primarily by Apple iPhones, India now accounts for one in every three smartphones imported by the US, amid ongoing trade negotiations with Washington. read more India's share of US smartphone imports skyrocketed to nearly 36 per cent in the first five months of 2025, up from just 11 per cent in 2024. On the other hand, China's dominance in the sector weakened, with its share falling from 82 per cent to 49 per cent. Driven primarily by Apple iPhones, India now accounts for one in every three smartphones imported by the US, amid ongoing trade negotiations with Washington. STORY CONTINUES BELOW THIS AD Despite smartphones being India's top export to the US by value, US President Donald Trump has threatened to impose a 25 per cent tariff on Indian-made iPhones. According to the US International Trade Commission (USITC), US imports of Indian-made smartphones soared to 21.3 million units from January to May 2025, a more than threefold increase year-on-year, with a value of $9.35 billion—a 182 per cent rise compared to the $7 billion recorded for all of 2024. In May, Apple CEO Tim Cook noted that most iPhones sold in the US during the April-June quarter were expected to originate from India, where about 20 per cent of Apple's global iPhone production capacity is now located. China's share shrinks China, meanwhile, saw its smartphone exports to the US drop by 27 per cent year-on-year to 29.4 million units, valued at approximately $10 billion. Behind China (49 per cent) and India (36 per cent), Vietnam held a 14 per cent share, exporting 8.3 million units. 2020-A turning point Apple's shift toward India began in 2020, spurred by the Indian government's Production Linked Incentive (PLI) scheme, which has significantly boosted smartphone manufacturing. Apple, through its contract manufacturers, has been the primary beneficiary, enabling it to diversify production away from China. Initially producing older iPhone models in India, Apple now manufactures its entire lineup, including the premium Pro range. Trump's pressure Trump has criticised Apple's growing reliance on India for US-bound exports. In a May social media post, he stated, '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. If that is not the case, a tariff of at least 25% must be paid by Apple to the US. Thank you for your attention to this matter.' STORY CONTINUES BELOW THIS AD Despite this, Apple is pressing ahead with its India expansion, with its contract manufacturer Foxconn announcing a $1.49 billion investment in Yuzhan Technologies (India) Pvt Ltd in May, as reported to the London Stock Exchange. The new facility is slated for Tamil Nadu, where Foxconn already operates a major iPhone production hub.
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Business Standard
4 days ago
- Business
- Business Standard
India now supplies one-third of US smartphone imports, eroding China's lead
As of mid-2025, India accounts for 36 per cent of US smartphone imports, up from 11 per cent a year ago, according to a report by The Indian Express. The shift is driven largely by Apple's expanding manufacturing footprint in India, underpinned by policy incentives and rising geopolitical tensions with China. Between January and May 2025, the US imported 21.3 million smartphones from India, more than triple the volume from the same period last year. In value terms, Indian-made smartphones shipped to the US surged 182 per cent year-on-year to $9.35 billion, already surpassing the full-year figure for 2024. Smartphones are currently India's top export to the US by value. China's smartphone export to US shrink China remains the largest smartphone supplier to the US, but has seen its dominance shrink. Shipments dropped by 27 per cent in the first five months of the year to 29.4 million units, valued at around $10 billion. China's share of US smartphone imports fell from 82 per cent in early 2024 to 49 per cent in 2025. Vietnam followed with 14 per cent of shipments, or 8.3 million units. Facing this decline, Chinese manufacturers have begun slashing prices to stay competitive. According to data from China's General Administration of Customs, the average export price of smartphones shipped to the US fell 45 per cent in June compared to a year earlier. As earlier reported by Business Standard, the price cuts come despite a temporary pause on new tariff hikes under a 90-day trade truce between Beijing and Washington. Most Chinese goods continue to face a combined tariff of around 30 per cent, with smartphones subject to a 20 per cent tariff imposed earlier this year. The pressure on Chinese exports has been severe. Smartphone shipments to the US fell 71 per cent in June alone. In April, Chinese exports of Apple iPhones and other mobile devices plunged 72 per cent to under $700 million — the lowest monthly value since 2011. Apple accelerate India-made iPhone production In contrast, Apple has accelerated its manufacturing shift to India. Apple began shifting production to India in 2020, starting with older models and now including the full iPhone lineup through its contract manufacturers such as Foxconn. Roughly 20 per cent of its global iPhone production is now based here. In May, Foxconn announced a $1.49 billion investment in its Indian unit, Yuzhan Technologies, to expand production in Tamil Nadu. India's supply chain is still smaller than China's, but growing. Apple's Indian suppliers rose from 14 in 2023 to 64 in 2025, compared to 157 in China. Rise of India's electronic manufacturing sector India's overall electronics manufacturing has also seen significant growth. According to government data, the number of mobile manufacturing units rose from just two in 2014-15 to 300 in 2024-25. Mobile phone production grew 28-fold to ₹5.45 trillion, with exports climbing 127 times to ₹2 trillion during the same period. The sector has attracted over $4 billion in foreign direct investment since FY21, including $2.8 billion from PLI beneficiaries. Meanwhile, US President Donald Trump has threatened to impose a 25 per cent tariff on Indian-made iPhones, pressing for a return of manufacturing to US soil. Despite this, the tech giant and its partners appear committed to India as a long-term manufacturing base.
