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Apple supply chain crisis, a series of Chinese companies “follow”

December 14, 2021
Source: llodo.com llodo.com
News Snapshot:
According to a report from local media, disruptions to Apple’s supply chain and cost control measures amid chip and component shortages caused by the COVID-19 pandemic are taking a heavy toll on Apple’s business. financing of suppliers and distributors in China. And this was “sound the alarm bell” for companies “depending too much” into Apple, according to the newspaper Securities Daily. And clearly, being an Apple supplier is no longer a guarantee of stellar business growth. Among Apple’s mainland suppliers, Lens Technology, which supplies iPhone lenses and components, reported a 35 percent drop in net profit year-on-year to $155.3 million...
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Tags: Apple | ASIA | battery | Business | China | Chinese | chip | communication | Covid-19 | display | distributor | energy | Gadgets & Electronics | Guangdong | iPhone | manufacturing | media intelligence | mobile | News Media | Pandemic | Shenzhen | supplier | supply chain | Suzhou | technology

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