India has overtaken China as the leading manufacturing hub for smartphones sold in the US. The latest Canalys report shows that 44% of all US smartphone imports for the April–June period (Q2) were made in India. This is a remarkable rise compared to last year, when India accounted for a mere 13% of all US smartphone imports while China held a reassuring 61% share. Apple played a major role in India’s rise as the leading smartphone exporter to the US. Cupertino has been stockpiling iPhone inventory to absorb tariff blows following the Trump administration’s “Liberation Day”...
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