Apple Is Looking to Move Production Out of China, Report Says


has hastened plans to maneuver a part of its manufacturing out of China, dwelling to the world’s largest iPhone manufacturing facility, in accordance with a The Wall Street Journal report citing nameless sources.

The world’s Most worthy firm is telling suppliers to plan extra actively for assembling


 (ticker: AAPL) products elsewhere in Asia, especially India and Vietnam, in an effort to lower its dependence on Taiwanese assemblers led by Foxconn (2354: Taiwan), the Journal reported.


produces 70% of world iPhone shipments and is likely one of the world’s largest electronics contractors. Apple didn’t reply to Barron’s requests for remark.

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