News Snapshot:
Apple may boost manufacturing capacity in India and Vietnam for upcoming iPhone production. Reports suggest that China’s strict Covid measures led to huge losses for Apple. Due to restrictions and supply chain challenges in China, the company aims to shift its production to other countries. Amid strict anti-Covid measures in China, tech giant Apple is reportedly considering increasing the production of iPads, iPhones, Macs and other products outside China. According to the WSJ report , the iPhone maker has told some of its contract manufacturers that it wants to boost production outside the country, India and Vietnam could be the...
