About 97% of iPhones exported by Foxconn Technology (OTCPK:FXCOF) from India went to the U.S. between March and May, Reuters reported citing customs data. The numbers are far above the 2024 average of 50% and an indication of Apple's efforts to bypass high U.

By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple's efforts to bypass high U.

Apple's (NASDAQ:AAPL) efforts to sidestep steep U.S. tariffs on China-made handsets are crystalizing in India, where Foxconn shipped roughly 97% of its $3.2 billion in iPhone exports to the U.S. between March and Mayup from a 50.