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Foxconn sends 97% of Indian iPhones exports to U.S., Reuters reports

Nearly all iPhones exported by Foxconn from India were sent to the U.S. between March and May, which is much more than the 2024 average of 50% and a sign of Apple’s (AAPL) efforts to bypass high U.S. tariffs imposed on China, Aditya Kalra and Munsif Vengattil of Reuters reports. This demonstrates Apple has realigned its India exports to almost exclusively serve the U.S. market.

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