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Thanks to Cook's secret payment to China, Taiwan's Foxconn lost some of its iPhone business – PhoneArena

December 31, 2021
Source: phonearena.com phonearena.com
News Snapshot:
Earlier this month we told you that Apple and the Chinese government signed a secret deal valued at $275 billion. Apple reportedly made the payment to prevent the Communist Chinese government from taking regulatory actions against the company. And as we noted in our story about the payment, Apple is now receiving favored treatment in the country. Apple moved iPhone orders from Foxconn to a Chinese company called Luxshare According to The Information , since the deal was made, Apple has turned to more supply chain partners from China in order to keep up its end of the deal it...
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China Tech Buzz Topics: Apple | Apple Watch | Beijing | Business | CEO | China | Chinese | chips | commission | communist | customer | development | foundry | Foxconn | government | Huawei | India | iPhone | manufacturing | semiconductor | Software | supply chain | Taiwan | technology

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