Mobile9to5Macabout 2 hours ago
iPhone manufacturing in India gets a tariff boost
1 min read
India removed import duties on lithium-ion battery cells, wireless charging components, and display inputs for non-phone devices, effective immediately through March 31, 2029. The move targets lowering costs for iPhone and Samsung manufacturers, boosting domestic electronics production toward $500 billion. Shares of Dixon Technologies, Kaynes Technology, and Amber Enterprises rallied on the news.
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