iPhones sold in the U.S. to be sourced mostly from India in June quarter

 



Apple CEO Tim Cook said its flagship iPhones sold in the U.S. for the June quar-ter will be predominantly made in India, where the smartphone maker report-ed record quarterly earn-ings prompting it to open more stores.


Responding to ques-tions from analysts on sourcing of iPhones sold in the U.S., Mr. Cook said, "For the June quarter, we do expect the majority of iPhones sold in the U.S. will have India as their country of origin."


At present, bulk of the iPhones sold in the U.S. are assembled in China. Ho-wever, in the ongoing tariff war unleashed by the U.S., imports from China will be subject to high tariffs push-ing up the cost of iPhones sold in the U.S.


"What we have learned was that having everything in one location had too much risk with it so we have, with certain parts of the supply chain, opened up new sources of supply. You can see that continu-ing in the future," said Mr. Cook. The existing tariffs that apply to Apple today are based on the product's country of origin, Mr. Cook said in the earnings call.


Earlier, reports had said that Apple plans to shift the assembly of all U.S.-sold iPhones to India soon, as trade war pushes tech giants away from China

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