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Apple is looking to expand manufacturing outside of China amid Beijing’s zero-Covid policy, the report said The Shepherd of the Hills Gazette

May 22, 2022
Source: shepherdgazette.com shepherdgazette.com
News Snapshot:
Apple plans to expand its manufacturing capacity outside of China, WSJ reported on Saturday. The tech giant cited Beijing’s strict COVID-19 guidelines as a contributing factor, sources told the outlet. Apple plans to expand its manufacturing capacity outside of China, the Wall Street Journal reported on Saturday. The tech giant cited Beijing’s zero-Covid policy as a reason for the reported push, sources close to the matter told the outlet. Analysts estimate that about 90% of Apple’s products are manufactured by contract manufacturers in China, leaving the tech giant’s success vulnerable to the whims of the Chinese Communist Party. Throughout the...
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