Apple’s Tech Supply Chain Shows Difficulty of Dumping China
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That conclusion is evident from a Bloomberg Intelligence analysis of Apple Inc., which is trying to reduce its dependence on China.
American companies have had a growing list of reasons to downgrade their ties with China in recent years. Former President Donald Trump's tariffs. Beijing's stringent Covid lockdowns. The US-Sino standoff over Taiwan. Political pressure to “friend-shore” supply chains toward nations aligned with Washington. But breaking up, as the adage goes, is hard to do. That conclusion is evident from a Bloomberg Intelligence analysis of Apple Inc., which is trying to reduce its dependence on China. The Cupertino, California-based company company already started producing some iPhone 14 models in ...