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US tariffs cause Chinese smartphone exports, mainly iPhones, to plummet 72%, pushing Apple to consider India for production.
Chinese smartphone exports to the US, mainly Apple iPhones, fell 72% in April to their lowest since 2011, due to US tariffs.
This decline signals a shift in production, with Apple planning to increase manufacturing in India to avoid high costs tied to trade tensions.
Despite pressure from the US government to move production back to the US, analysts doubt this will happen due to potential price hikes.
The drop in exports has raised concerns about a global trade war.
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Los aranceles estadounidenses causan que las exportaciones chinas de teléfonos inteligentes, principalmente iPhones, se desplomen un 72%, lo que empuja a Apple a considerar la India para la producción.