The Fly

Apple accelerates plans to move some production out of China, WSJ says

In recent weeks, Apple (AAPL) 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, The Wall Street Journal’s Yang Jie and Aaron Tilley report, citing people familiar with the matter. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and Vietnam, sources say, and looking to reduce dependence on Taiwanese assemblers led by Foxconn (HNHPF). Reference Link

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