The trade war between the US and China is not taking the name of the end of the war. Tech companies are upset due to the ongoing war between the two countries. While the US has banned the Chinese giant, the American company Apple is facing a loss in China. Sales of the iPhone have decreased due to low demand of iPhone in China. In addition, China has increased traffic on Apple. There is still no solution to this problem between China and the United States.
According to a Bloomberg report, one of Apple’s major manufacturers has claimed that it will build all of its iPhones out of China. In the report senior Foxcon executive, Eung Liu said, “Our 25 percent production capacity is out of China and we can help in the US according to Apple’s demand.”
He also said that Foxcon has enough capacity to meet Apple’s demand. Note that in April there was a report that said that Foxconn was trying to make most of the iPhone in India. Although it is not clear whether this is being done to reduce imports duty or is preparing to manufacture it outside China.
India can play a major role in building the iPhone out of China. China’s 25 percent tariff imposed by Apple will be implemented by the end of this month. Which will increase the price of Apple products imported from China. Most of Apple’s product- iPhone, MacBook, iPad are manufactured in China. After the tariff is applied, the price of Apple products will increase from 9% to 16% everywhere. According to Bloomberg’s report, Apple’s sales fall by 10 percent to 40 percent. If this happens then you can soon get Made in India Apple Products in America and elsewhere.