The Digital Source For China's Tech Innovation Since 2000

Search
Close

Will India benefit as China’s Covid-19 lockdowns hit Apple supply chains?

June 11, 2022
Source: scmp.com scmp.com
News Snapshot:
The economic consequences of China’s zero-Covid policies are now growing more apparent. Since last year, economists have warned of a downturn in the Chinese economy, pointing to weakening industrial profits and slowing retail sales growth. One multinational company deeply burned by China’s Covid-19 policies is at the heart of Big Tech – Apple Inc. With more than 90 per cent of Apple’s iPhones, iPads and Macbook laptops manufactured in China by independent contractors, according to analyst estimates, Apple has been heavily reliant on Chinese manufacturing for well over a decade. That relationship is the source of deep discomfort for some...
Go To Original Source →
Tags: 5G | Android | Apple | China | Chinese | Covid-19 | Economy | Europe | factory | Foxconn | import | India | Indian | iPhone | made in China | manufacturing | media intelligence | mobile | mobile phone | News Media | Pandemic | retail | revenue | Russia | Samsung

Other Related News:

As China-Taiwan tensions intensify, what's Australia's message to Beijing?

August 12, 2022

Headlines From China: China’s Bona Film Group Returning to Stock Market, Finalizing IPO in Shenzhen

August 12, 2022

Gravitas: China unveils game plan for Taiwan reunification

August 12, 2022

TikTok Owner Buys China Hospital Chain

August 12, 2022

Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to… News

August 12, 2022

Subsidy discounts reach 100 million yuan 2022 Beijing Consumer Season – Quality Life Drinks Festival starts online_Event_Citizen_Special Area

August 12, 2022

300 Current TIKTOK, BYTEDANCE Employees Worked For Chinese State Media…

August 12, 2022

Alyssa Lynch: Yet another Pelosi Crime Family story — Nancy Pelosi’s son is a Top Investor in a Chinese telecoms company

August 12, 2022

Hennessy and Associates Announce Launch of New China Multi-Asset Income Distribution Fund I

August 12, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....