Mint Quick Edit | Buzzy in the USA: India’s smartphone exports

5 months ago 8
ARTICLE AD BOX

Copyright &copy HT Digital Streams Limited
All Rights Reserved.

India's share of smartphone imports in the US have trumped China's following Apple’s decision to diversify production away from Beijing, a thrust that predates Trump’s 2025 trade war with it.  (REUTERS) India's share of smartphone imports in the US have trumped China's following Apple’s decision to diversify production away from Beijing, a thrust that predates Trump’s 2025 trade war with it. (REUTERS)

Summary

India has gained a much larger bite of America’s imports of these devices, roundly trumping China. Thank Apple. But can the iPhone company convince Trump of friend-shoring?

Even though President Donald Trump has been railing against the sale of India-made smartphones in the US, his displeasure doesn’t seem to have hit their numbers. India’s share of smartphone imports in America jumped to 44% in the three months through June from 13% in the same quarter a year earlier, according to research firm Canalys.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

more

topics

Read Next Story footLogo

Read Entire Article