Apple turns to India to help ease Trump’s China tariffs

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Apr 9, 2025

Apple has been one of Wall Street’s biggest casualties of the US president’s tariff blitz — losing about $700bn in market value since last week’s announcements — highlighting the dilemma the group faces, having built its business around advanced manufacturing in China.

Apple has been quietly growing its business in India, particularly since the coronavirus pandemic wreaked havoc on its China supply chains, but it still has about 80 per cent of its smartphone manufacturing in China, according to Counterpoint Research. Read More

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In the Press

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Apr 9, 2025

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Team Counterpoint

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customer