Friday, 3rd May 2024
To guardian.ng
Search

Apple said to mull shifting 15-30% of output from China

By Bloomberg
21 June 2019   |   5:42 am
Apple is asking major suppliers to evaluate the cost implications of shifting 15% to 30% of production capacity from China to Southeast Asia, Nikkei reports. Meanwhile, A group of chief executive officers of American corporations are set to meet with Chinese Premier Li Keqiang this week as the simmering trade war ensnares companies from both countries, sources say.

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

3 days ago
The Chinese fast-fashion online retailer is now subject to EU rules as a "very large online platform," joining tech firms including Apple, Amazon and Microsoft. The rules include measures to protect online users.
28 Apr
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers representing the African country said Thursday.
2 days ago
The Philippine Coast Guard alleged China had aimed water cannons at its ship, "directly hitting the starboard astern of the BFAR vessel." The incident occurred in the Scarborough Shoal, which China seized in 2012.
3 days ago
Tesla's shares surged after the EV maker won tentative approval to deploy its Full Self-Driving system in China, as Elon Musk met high-ranking officials on a surprise visit to Beijing. Plus, the French state has offered to buy key assets from troubled IT giant Atos, to protect national interests.
1 day ago
Bengaluru is running out of drinking water, with an estimated daily deficit of 500 million liters. The shortages have become a hot-button political issue during the 2024 election.
1 day ago
China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.