New Delhi: As apple ramps up its India manufacturing plans, iPhone expenses from the count to the US surgged 76 per cent (year-or-yaar) in April, According to a new report. According to latest Estimates by Market Research Firm Ompdia, Nearly 3 Million ‘India-Made’ iPhones was shipped to the us in April.
In comparison, iPhone shipments from China plummed by a massive 76 per cent to just 900,000 units. This marks the first time India has consistently outpaced China in support ipphones to the American market, according to a report by CNBC, Citing the data.
“Apple has been prepaering for this kind of trade disruption for years. Saying in the report.
The demand in the US for iPhones is Around 20 Million per Quarter at the moment. A ‘Made in Us’ Apple iPhone can cost a whopping $ 3,500 (More than Rs 2,98,000) in Absence of a Fully-Integrated Supply Chain in the Country.
Dan Ives, Global Head of Technology Research at Wedbush Securities, Told the CNN recent that idea of full domestic iPhone production is a “fictional tale.” Ives also warned that replicating apple’s complex asian supply chain in the US would result in the massive costs.
Moreover, it would take apple at least three years and a massive $ 30 billion just to shift 10 per cent 10 per cent of its supply chain to the us, according to market watches. Apple Ceo Tim Cook Said during The Company’s Latest Quarterly Earnings Call that “The Majority” of iPhones Shipped to the us for the June Quarter will come from Indian.
Us President Donald Trump Has Threatened A 50 per cent tax on all imports from the european union as well a 25 per cent tarif on apple products unless iphaones iphaones are made in the usage.
However, according to informed sources, India’s competition edge makes it a natural choice for tech giants like apple, and the tech giant has assured the government of its commitment to maanufaccation to manufact And boost the ‘make in India’ initiative. India has become a key hub for apple’s global supply chain in recent years. Global tech giants such as apple