Apple Makes Plans to Move Production Out of China

Summary by Ground News

In recent weeks, Apple Inc. AAPL -0.34%decrease; red down pointing triangle has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and Vietnam, they say, and looking to reduce dependence on Taiwanese assemblers led by Foxconn 2354 4.05%increase; green up pointing triangle Technology Group.

Published 4 months ago · Cupertino, United States

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NDTV

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