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Apple seeks to increase production outside of China: Report

May 22, 2022
Source: thesingaporetime.com thesingaporetime.com
News Snapshot:
Apple has told some of its contractors it wants to increase production outside of China, The Wall Street Journal reported, citing people familiar with the matter. India and Vietnam, which are already Apple production sites, are among the countries shortlisted by the company as alternatives, the report added. Last month, Apple forecast bigger supply issues as COVID-19 lockdowns slowed production and demand in China. The report says Apple cites China’s strict anti-Covid policy and other reasons for its decision. Apple declined to comment to the WSJ and could not be immediately reached by Reuters on Saturday.
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China Tech Buzz Topics: Apple | China | Covid-19 | India | IT | production | report | Reuters | Vietnam | Wall Street Journal

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