AAPL

Apple Inc.

141.66
USD
2.45%
141.66
USD
2.45%
129.04 182.94
52 weeks
52 weeks

Mkt Cap 2.32T

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Apple Looks Closer at India and Vietnam to Boost Production: Report

Apple has begun telling some of its contract manufacturers that it was looking to India and Vietnam to boost production, seeking to reduce its dependence on China as Beijing’s strict anti-Covid policy has caused supply-chain bottlenecks, The Wall Street Journal reported. The Journal reported Saturday that Foxconn, the top manufacturer of the iPhone, and Wistron, another assembler, already have set up factories in India to make iPhones mainly for the country’s domestic market. Barron’s reported last month how Foxconn been facing...

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