AAPL to Shift out of China, Eyes TSM’s Arizona Plant
05 Dezember 2022 - 03:25PM
TipRanks
Apple (NASDAQ: AAPL) is looking at shifting some of its production
out of China, according to a Wall Street Journal report. The report
stated that Apple has told its manufacturing partners that it wants
more of its manufacturing to come out of China, particularly
Vietnam and India. The reason for Apple's decision to move some of
its production out of China has been the result of the recent
unrest at the Zhengzhou production facility in China and the
stringent lockdowns in the country as a result of rising COVID-19
cases.
https://www.tipranks.com/news/apple-likely-to-move-some-production-out-of-china?utm_source=advfn.com&utm_medium=referral
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