Lead times -- or the time it takes between placing an order and it being fulfilled -- for the industry contracted for the ninth month in a row, another indication that we are exiting the pandemic-triggered chip shortage of about two years, reports Susquehanna...
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Mint – Apple plans to move production out of China
Dec 8, 2022
Apple has accelerated plans to shift some of its production from China to other regions in South East Asia, reports Mint.
“It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and Vietnam, they say, and looking to reduce dependence on Taiwanese assemblers led by Foxconn Technology Group.”
Turmoil at a place called iPhone City helped propel Apple’s shift, reports Mint. It no longer feels comfortable having so much of its business tied up in one place, according to analysts and people in the Apple supply chain.
It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and Vietnam, they say, and looking to reduce dependence on Taiwanese assemblers led by Foxconn Technology Group.
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