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Apple wants to boost production outside China citing Covid regulations: Report

May 22, 2022
Source: indianlekhak.com indianlekhak.com
News Snapshot:
The Wall Street Journal, citing people familiar with the matter, reported that Apple Inc. has told some of its contract manufacturers that it wants to increase production outside of China. The report added that India and Vietnam, which are already sites of Apple production, are among the countries listed as options by the company. Apple anticipated major supply problems last month as the COVID-19 lockdown slowed production and demand in China. The report said that Apple is citing China’s strict anti-Covid policy and other reasons for its decision. Apple declined to comment to the WSJ and could not be immediately...
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China Tech Buzz Topics: Apple | China | contract | Covid-19 | India | IT | production | report | Reuters | Vietnam | Wall Street Journal

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