Apple Inc. announced plans to move all U.S.-bound iPhone manufacturing from China to India by 2026. The strategic shift aims to mitigate the impact of tariffs and reduce dependency on Chinese manufacturing. Apple shares were down 1% in premarket trading following the news. ​Investopedia

Key Facts:

• Apple aims to relocate iPhone production for the U.S. market to India by 2026.
• The move is a response to tariff impacts and supply chain diversification.
• Shares dipped 1% in premarket trading after the announcement.