Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Live is Caixin Global's real-time news portal, featuring 24-hour breaking news, short-form analysis, and roundups from business and social media in China.

TRENDING
Update: High-Tech Trading Board Soars on Day One
China Southern to Receive New Investor Windfall
China Allows Foreign Asset Managers to Control Wealth Management JVs
LATEST
China’s Starbucks Challenger Eyes Middle Eastern Foray
Veteran Hong Kong Actor Recovering After Being Stabbed at Event
China’s Largest Carmaker Expands Its Ride-Hailing Business
Xiaomi, Other Chinese Firms Debut on Fortune Global 500 List
Ministry Outlines Ultra HD Video’s Broad Application Prospects
China Allows Foreign Asset Managers to Control Wealth Management JVs
China Southern to Receive New Investor Windfall
Update: High-Tech Trading Board Soars on Day One
Taiwan Stocks Offer Hefty Yield But Investors Still Selling
China's Nasdaq-Style Venue Starts Trading as All Stocks Climb
The Meaty Taste of Meatless Food of the Future
Toyota, BYD in Tie-Up to Develop Electric Vehicles for China
China Approves Older Novartis MS Drug
Alibaba Supermarkets Roll Out Drug-Dispensing Vending Machines
Beijing Seeks Bang for Its Buck in Hydrogen Vehicle Drive
BMW, Tencent Team Up for Autonomous Driving Project
Exclusive: Chinese Buyers Deep in Talks With Embattled Japanese Panel-Maker
Vietnam Surpasses Hong Kong in Port Throughput
Bug-Trapping Lamps May Help China Control Crop-Devouring Moth
Google Says China Search Engine Plan ‘Terminated’
Apple Asking Suppliers to Weigh Moving 15%-30% of Capacity From China: Nikkei

By Tanner Brown / Jun 20, 2019 11:32 AM / Business & Tech

Photo: VCG

Photo: VCG

Apple has asked its major suppliers to weigh the costs of moving 15% to 30% of their production capacity from China to Southeast Asia as it preps for a fundamental restructuring of its supply chain, the Nikkei Asian Review reported Wednesday.

Although Apple’s request was triggered by the ongoing trade tensions between the U.S. and China, multiple sources said that a resolution of the trade dispute may not change Apple’s decision. Several sources told Nikkei that Apple felt the risks of relying so heavily on China have become too costly.

The California tech giant has factored other calculations into its consideration, one executive with knowledge of the situation told Nikkei: “A lower birthrate, higher labor costs and the risk of overly centralizing its production in one country. These adverse factors are not going anywhere.”

Related: Huawei Smashes Samsung-Apple Smartphone Duopoly, but Does It Have Longer-Term Legs?

Contact reporter Tanner Brown (tannerbrown@caixin.com)


Share this article
Open WeChat and scan the QR code
Copyright © 2019 Caixin Global Limited. All Rights Reserved.