Apple Says Most of Its Devices Shipped Into US Will Be From India, Vietnam
Apple has revealed that the majority of its devices shipped to the U.S. in the upcoming June quarter will be produced in India and Vietnam. This strategic move aims to minimise the impact of tariffs, especially given the uncertainties surrounding its operations in China, which have recently raised concerns among investors.
Key Points
- Apple plans for most devices sold in the U.S. to be assembled in India and Vietnam.
- This shift aims to mitigate the adverse effects of tariffs imposed on imports from China.
- Apple CEO Tim Cook indicated that tariffs could increase operational costs by approximately $900 million.
- The company is committed to diversifying its supply chain to limit risk associated with relying on a single country.
- Historically, Apple has been heavily impacted due to its manufacturing dependency in China.
Why should I read this?
So, Apple’s moving its production where fewer tariff worries exist! This could mean seriously cheaper prices for device-seekers in the US. If you’re curious about how these shifts affect everything from availability to cost, you’ll want to dive into this article. It’ll give you the inside scoop on the tech giant’s efforts to reshape its supply chain strategy.