According to industry sources, Apple is likely to launch four models this year: the regular iPhone 17, the iPhone 17 Pro, the larger iPhone 17 Pro Max, and the all-new iPhone 17 Air, which is expected to be thinner and more compact than any previous version.

Apple supplier Foxconn will invest $1.5 billion in its India unit, the company said in a filing, as the iPhone maker shifts more manufacturing out of tariff-hit China.

Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump on Friday threatened a 25% tariff on the popular device unless the tech giant moves production to the United States.

As Apple (AAPL) struggles to resolve supply chain issues amid ongoing tariff uncertainties, its supplier, Hon Hai Precision Manufacturing, aka Foxconn, has increased investment in its Indian subsidiary.

Foxconn’s Indian plants have taken centre stage in assembling iPhones, and the ecosystem is expanding rapidly with contributions from other major players.