With an increase in production by Apple Inc., smartphone exports to the US in the first five months of FY26 reached $8.43 billion, compared to $2.88 billion during the same period in FY25, a 193 per cent increase on a year-on-year (YoY) basis.

Overall, for the first five months of FY26, smartphone exports (across the globe) reached a record-breaking ₹1-lakh crore or around $11.7 billion – a 55 per cent YoY increase over the $7.6 billion exports for the corresponding period in the previous fiscal, India Cellular & Electronics Association (ICEA) said on Wednesday.

In fact, the US figure for April-August 2025 has already reached nearly 80 per cent of the entire FY25 US exports total of $10.56 billion, the industry body for mobile phones, electronics, and semiconductors, said.

August export

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