Apple, offshoring and TaiwanIf value capture isn't the issue, what about offshoring to China? To position for the lucrative electric car future, Apple is in early stage talks with BYD and CATL, and possible other companies over battery supplies for the "Apple Car." The Chinese car market is critical to Apple since rapid growth remains in the mainland. Over time, Apple's revenues from China have potential to increase significantly, thanks to its innovative ecosystem, which is hard to replicate by the competitors. Like other US ICT giants, Apple has already lost billions of dollars in missed opportunities due to the trade wars.

Source: Manila Times June 27, 2021 14:26 UTC