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Apple Wants to Expand Production Outside of China Amid Lockdowns: WSJ

News Snapshot:

– Apple is looking to expand its production capabilities outside of China, WSJ Saturday. – The tech giant cited Beijing’s strict COVID-19 policies as one influencing factor, sources told the outlet. – Contract suppliers in China manufacture almost 90% of Apple products, analysts estimate. Apple is looking to expand its production capabilities outside of China, The Wall Street Journal reported Saturday. The tech giant cited Beijing’s zero-Covid policy as one reason behind the reported push, sources close to the matter told the outlet. Analysts estimate that approximately 90% of Apple products are made by contract manufacturers in China, leaving the…

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