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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.

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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.