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RE: LeoThread 2025-05-02 07:04

in LeoFinance5 months ago

As per a Reuters report, Plans are underway to move all iPhone production for the U.S. market to India by the end of 2026, a significant shift from the current 10% production share. This move aims to reduce exposure to Chinese tariffs and geopolitical uncertainties.

Compounding these challenges, Apple is grappling with legal setbacks. A federal judge recently ruled that the company violated a 2021 injunction related to its App Store policies, potentially opening the door for Epic Games’ “Fortnite” to return to the App Store and challenging Apple’s control over in-app payments.