
Business News 100
June 13, 2025 at 08:46 AM
Foxconn exported $3.2 billion worth of iPhones from India to the US between March and May 2025, with 97% of the devices shipped exclusively to the US—far higher than the 2024 average of 50.3%. In May alone, nearly $1 billion worth of iPhones were shipped, second only to March’s record $1.3 billion. The shift indicates Foxconn is increasingly positioning India as a key manufacturing hub to cater to growing US demand, moving away from earlier exports to Europe.

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