A new report estimates that it would take Apple eight years to move even as little as ten percent of its production away from China.Apple and all technology firms have been making moves over the last several years to reduce their dependency on China. It’s partly from wanting to avoid over-reliance on any one source, but also because of specific issues regarding China and the Chinese government.Increasing tensions between the US and China are a significant factor, but so too is how the country’s extreme — but effective — series of COVID measures have affected Apple’s suppliers. Read more…
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