Apple Inc. assembled $22 billion worth of iPhones in India in the 12 months ended March, increasing production by nearly 60% over the previous year in a sign of continued diversification away from China.

Facing steep new tariffs and a historic stock rout, Apple accelerates iPhone shipments from India to protect margins and stabilize its supply chain

Apple plans to send more iPhones to the U.S. from India as the Trump administration levies steep tariffs on goods from China, according to a Wall Street Journal report Monday.