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Tag: Supply Chain

India Overtakes China as Leading Smartphone Exporter to US Market

India Overtakes China as Leading Smartphone Exporter to US Market

India Overtakes China as Leading Smartphone Exporter to US Market India has emerged as the top exporter of smartphones to the United States, surpassing China, according to a new report from research firm Canalys. This significant shift underscores a broader realignment in global manufacturing supply chains, driven by ongoing tariff uncertainties and geopolitical tensions. During the second quarter of the year, smartphones assembled in India constituted a dominant 44% of all U.S. smartphone imports, a substantial increase from just 13%…

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MP Materials Secures Landmark Deals with Apple and Pentagon, Bolstering US Rare Earth Supply Chain

MP Materials Secures Landmark Deals with Apple and Pentagon, Bolstering US Rare Earth Supply Chain

MP Materials Secures Landmark Deals with Apple and Pentagon, Bolstering US Rare Earth Supply Chain MP Materials, the sole operator of America’s rare earth mine, has announced two significant agreements poised to reshape global supply chains. A new $500 million deal with tech titan Apple will boost the production of powerful magnets essential for iPhones and electric vehicles. This follows last week’s revelation that the U.S. Defense Department committed a $400 million investment in the Las Vegas-based company, establishing a…

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