Apple suppliers to hasten move out of China: reportCOVID-19 DISRUPTIONS: The first-round production shift would involve handsets, earphones and smart watches, primarily to India, Vietnam and Thailand, Yuanta said Major electronics manufacturers in Apple Inc’s supply chain are expected to speed up shifting their production lines out of China after the country’s COVID-19 restrictions caused frequent disruptions, Yuanta Securities Investment Consulting Co (元大投顧) said on Friday. However, the relocation of the supply chain is a project that will take many years to complete, not to mention that China remains a big market for Apple. In addition, the migration of supply chain mainly refers to the relocation of the US firm's assemblers, not the shift of production sites of its components suppliers, Yuanta said. The first round of shifting production would involveBy Chen Cheng-hui

Source: Taipei Times December 16, 2022 17:13 UTC