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Apple eyes moving 15-30% of production out of China - report

2019-06-19 15:21:00| Telecompaper Headlines

(Telecompaper) Apple has asked its major suppliers to evaluate the cost implications of shifting 15-30 percent of their production capacity from China to Southeast Asia as it prepares for a fundamental restructuring of its supply chain, the Nikkei Asian Review reported. The moves comes in response to the escalating trade tensions between the US and China and sees Apple looking to reduce its reliance on manufacturing in China for the long term. 

Tags: report china production eyes

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