Overview
- Bloomberg reporting says five factories across India are now assembling all four expected iPhone 17 models, with new Tata and Foxconn sites recently starting production.
- Shipments from Southeast Asia are expected to begin shortly, positioning supply for Apple’s planned September rollout.
- Apple told investors it still expects about $1.1 billion in U.S. tariffs and other fees this quarter despite the exemption for electronics made in India.
- Exports from India surged to $7.5 billion in iPhones over the four months since April, compared with $17 billion in the prior fiscal year.
- Most complex components continue to be sourced from China, and unconfirmed leaks point to a new thin iPhone 17 Air, Pro models with a metal unibody and camera bar, and potential price hikes tied to higher base storage.