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Apple Wants to Increase Production Outside of China, Report Says – CNET

May 22, 2022
Source: cnet.com cnet.com
News Snapshot:
Apple is reportedly telling some of its manufacturing contractors that it wants to increase production outside of China, pointing to COVID lockdowns as one reason for the shift. India and Vietnam are high on the list of sites for potential manufacturing increases, The Wall Street Journal said in a Saturday report based on information from anonymous sources. Over 90% of Apple's products are made in China by contractors, the Journal noted, but tensions between China's communist government and the US make the company's reliance on China risky, and COVID lockdowns in China have led to supply-chain snarl-ups. In April, Reuters...
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Tags: Apple | China | communist | contract | Covid-19 | government | India | IT | LED | made in China | manufacturing | outlet | Pandemic | production | Reliance | report | Reuters | sales | trade | United States | Vietnam | Wall Street Journal

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