Apple spends the most on this one iPhone component. Hint: It’s not the chip

The cost of manufacturing Apple’s iPhones is once again a hot topic, with US President Donald Trump looking to shift the production of most products to the country via what he calls “reciprocal tariffs”. While Apple has traditionally built its iPhones in China, the company has been focusing on reducing its reliance on the country since the closure of COVID-19 and has increasingly turned to India as a counterbalance, where it can also produce around 30 million units a year, according to a Bloomberg analysis.