Apple has accelerated plans to shift some of its production outside of China, the Wall Street Journal reports, citing insiders.
The company has been reportedly telling suppliers to ‘actively’ plan on assembling Apple products elsewhere in Asia – primarily India and Vietnam , as the company looks to reduce dependence on Taiwanese assemblers spearheaded by Foxconn.
The company’s goal is to ship 40-45% of iPhones from India, vs the current single-digit percentage, according to TF International Securities analyst, Ming-chi Kuo. Vietnam is also expected to shoulder more of the manufacturing of other Apple products, such as AirPods, smartwatches and laptops. The […]
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