Apple(US:AAPL) Feng Huang Wang·2025-08-05 00:01Group 1 - The core point of the articles is that while Apple is assembling more iPhones in India to avoid tariffs, it does not signify a reduction in reliance on China for the supply chain [1][2] - Apple CEO Tim Cook mentioned that most iPhones sold in the U.S. are assembled in India, which helps the company circumvent tariffs imposed by the Trump administration [1] - Canalys reported that India has become the largest supplier of smartphones to the U.S., capturing 44% of the market share as of the second quarter ending in June [1] Group 2 - Patrick McGee explained that although India is becoming a final assembly location for iPhones, it should not be viewed as the next China in terms of production capabilities [1][2] - The iPhones labeled as "Made in India" are still heavily reliant on a supply chain centered in China, which involves over 1,000 components processed in Chinese factories [2] - The final assembly in India requires significantly fewer workers compared to the extensive labor force involved in the initial production stages in China [2]