Apple iPhones for the U.S. can be made Outside China, Says Foxconn

Apple is well-equipped to deal with any possible Chinese iPhone production restrictions

It will also start making networking and server products for the USA market by the end of next year, on top of LCDs starting next year, Liu said. The company discussed the impact of the US-China trade conflict in its first ever conference investor conference call, the Wall Street Journal reported.

Hon Hai, better known as Foxconn, is a key manufacturing partner to Apple.

Analysts have predicted that, if the company continues to manufacture the majority of iPhones in China, this could hurt Apple in a big way.

A ban on Apple iPhones being made in China could hit the firm's bottom line, but Apple's main manufacturing partner, Foxconn, has revealed it has enough capacity to produce US-bound iPhones outside of China.

The comments come as the trade war between the United States and China deepens, with President Trump recently saying that he would move forward with a plan to impose tariffs on about $300 billion worth of additional goods if Chinese President Xi Jinping does not attend the G20 summit at the end of June. The Taiwanese agreement producer, recognized additionally as Foxconn Innovation Team, now makes a lot of the mobile phones in the Chinese landmass.

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Foxconn has been exploring its options, considering moving some of its production to plants in India as a way to diversify its supply chain away from China, where most of the firm's production facilities current are stationed.

The news should be particularly encouraging given the alternative scenario which would likely see Apple having to bear the brunt of a more costly iPhone.

The US is a particularly important market for Apple, as the Americas, which includes the US, accounted for 44% of Apple's $58 billion in revenue in fiscal Q2 2019 (ended March 30, 2019) the largest share of any geography.

Foxconn, one of Apple's largest suppliers, has moved to reassure consumers and investors that prices and supplies of the Apple's iPhone will not be affected by the ongoing US-China tariff war.

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