特朗普不愿看到的：印度首次成为美国智能机最大制造国

Core Insights - Apple has shifted more iPhone assembly operations to India, making India the largest source of smartphones for the U.S., surpassing China for the first time [1][2] - According to Canalys, India accounted for 44% of the U.S. smartphone market share in Q2, while Samsung's main production base in Vietnam held 30%, and China ranked third [1] - The significant change is attributed to Apple's increased production capacity in India and smartphone manufacturers stockpiling due to tariff concerns, with Indian-made device shipments more than doubling year-on-year [1] Market Dynamics - Apple's iPhone shipments to the U.S. decreased by 11%, indicating a disruption in the regular shipping cycle due to earlier stockpiling [1] - Despite manufacturers stockpiling, the overall market growth was only 1%, suggesting weak market demand amid worsening economic conditions [1] Production Diversification - Apple and other manufacturers are diversifying production to countries like India and Vietnam to mitigate risks associated with tariffs and geopolitical tensions [2] - Although Apple still produces most iPhones in China and lacks a smartphone production line in the U.S., it has committed to hiring more employees domestically and investing $500 billion over the next four years [2] Production Efficiency - The yield rate of iPhone production in India is approximately 10% lower than that in China and Vietnam, influenced by factors such as worker efficiency and supply chain maturity [2]