TechnologyApple suppliers bet on tariff carve-out for India-made iPhones: sources
Production plans for new model on track amid apparent Trump-Cook rapprochement
The iPhone 16 lineup is displayed at an Apple store in Mumbai: Apple has invested heavily to set up a supply chain for its devices in India as an alternative to manufacturing in China. © AP
LAULY LI, CHENG TING-FANG, CISSY ZHOU and YIFAN YU
TAIPEI/HONG KONG/PALO ALTO -- Apple suppliers are proceeding with their plans to mass produce the upcoming iPhone in India, as they believe the device will be exempt from the 50% tariff rate that U.S. President Donald Trump has slapped on the country, Nikkei Asia has learned.