In recent weeks, Apple Inc. 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 Technology Group. 

Turmoil at a place called iPhone City helped propel Apple’s shift. At the giant city-within-a-city in Zhengzhou, China, as many as 300,000 workers work at a factory run by Foxconn to make iPhones and other Apple products. At one point, it alone made about 85% of the Pro lineup of iPhones, according to market-research firm Counterpoint Research. 

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Republicans who objected to a Biden impeachment inquiry now say they’re fine with it

WASHINGTON — Before House Speaker Kevin McCarthy unilaterally launched an impeachment inquiry, center-right…

Oldest working nurse in the country retires at age 96

A woman said to be the oldest working nurse in the country…

TikTok incentivizes creators to make money with longer videos

More creators on TikTok will soon be able to earn money through…

Novartis Rethinks Sales Strategy for New Cholesterol Drug Launch

Novartis AG bet big on its new cholesterol-busting drug. To overcome the…