Overview

• India accounted for 44% of US smartphone imports in Q2 2025, up from 13% a year earlier, while China’s share fell from 61% to 25%.
• Volume of Indian-made smartphones grew 240% year-on-year, driven by Apple’s China Plus One strategy and Foxconn’s expanded production capacity in India.
• US smartphone shipments rose just 1% as vendors front-loaded device inventories against potential tariffs, and iPhone volumes declined by 11%.
• Samsung’s US shipments climbed 38% and Motorola’s by 2%, and Vietnam’s share of American imports edged up to 30%.
• Ongoing US-China tariff negotiations and high US labor costs keep large-scale onshore assembly unviable, reinforcing the shift of production to India and Vietnam.