Apple, to switch manufacturing out of China!
Apple is undertaking a significant shift in its smartphone supply chain.
The consumer-electronics heavyweight is preparing to manufacture its new iPhone in India months earlier than it did previous models.
The WSJ argues that the decision is a sign the company is boosting production outside its traditional base of China, where Covid-related shutdowns and geopolitical tensions have raised risks for foreign businesses.
Tweet on the latest Apple manufacturing plans
@Apple is undertaking a significant shift in its smartphone supply chain.
The consumer-electronics heavyweight is preparing to manufacture its new iPhone in India months earlier than it did previous models, @WSJ reports https://t.co/s40WUt2uHg
— The_Journalbiz (@the_journalbiz) August 25, 2022
The shift comes after Apple told some of its contract manufacturers that it wanted to boost production outside China amid growing global tensions and supply-chain disruptions in the country.
India has in recent years pushed to get global firms to switch high-end manufacturing from China to India as global trade tensions have flared.
