WOW… Apple Reportedly Weighing Move Away from Manufacturing in China

Apple could be looking to kick its China habit.

Apple’s (AAPL) suppliers are reportedly considering shifting iPhone production out of China if tariffs reach 25%. According to Bloomberg, Apple and its suppliers plan to stick with their existing production process even if a tariff of 10% is levied on Apple devices manufactured in China. But if those tariffs increase to 25%, as the Trump administration has considered, the companies could shift some production out of China, which has long served as the manufacturing base for iPhones.

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For Apple and its investors, the threat of tariffs have been a moving target for some time — and a potential shift in manufacturing could muddy the picture even further.

www.thestreet.com/technology/apple-considering-moving-china-manufacturing-14809167

 

UFS

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