A Global Trade Research Initiative (GTRI) analysis details how the value of a $1,000 iPhone is divided across countries and suppliers, highlighting a disproportionately large share flowing to Taiwan beyond the device's country of assembly.
GTRI breakdown of value per $1,000 iPhone
GTRI estimates that a $1,000 iPhone draws value from companies and suppliers in at least 12 countries. The analysis assigns dollar values to the primary roles each country plays in the device's components, design and software.
- Apple: $450 — design, software and brand value
- Taiwan: $150 — chip manufacturing
- South Korea: $90 — OLED displays and RAM
- Japan: $85 — camera components
- U.S. companies: $80 — semiconductor components, including Qualcomm and Broadcom
- Germany, Vietnam and Malaysia: $45 — various components
- China and India: about $30 — final assembly

GTRI estimates Apple captures approximately $450 of the $1,000 iPhone value.
Assembly, workforce and interpretation of the figures
The report notes that China and India, which perform much of the final assembly, together receive about $30 per device, roughly under 3 percent of the value of a $1,000 iPhone. GTRI also estimated approximately 300,000 people in China and 60,000 in India work on iPhone assembly lines.
GTRI frames these numbers as approximate shares within the iPhone value chain rather than direct measures of corporate revenue or net profit. The organization emphasizes the supply chain extends well beyond the country where a phone is assembled, with a large portion of value tied to advanced components, chip manufacture, design and software.




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