MUMBAI: In an unprecedented move, tech giant Apple airlifted 600 tons of iPhones, or as many as 1.5 million, from India to the United States, after it stepped up production in an effort to beat President Donald Trump’s tariffs, news agency Reuters reported on Thursday.
According to reports analysts have warned that U.S. prices of iPhones could surge, given Apple’s high reliance on imports from China, which is subject to Trump’s highest tariff rate of 125%.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- Apple’s new CEO John Ternus takes over from Tim Cook
- PhonePe launches UPI payments for feature phones, enables transactions without internet
- Meta agrees to payments of up to USD 18 billion under US teen safety settlement
- Here’s why Japanese firms are being so slow to use AI
- LG, Nvidia aim for 100,000 hours of humanoid robot training data by year-end
