Apple explores moving production capacity from China
China risks spur US company to ask major suppliers to consider moving 15%-30% of their production to other countries
19 June 2019 - 15:46
Bengaluru — Apple has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday.
Apple’s request was a result of the extended China-US trade dispute, but a trade resolution will not lead to a change in the company’s decision, Nikkei said, citing multiple sources...
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