Caixin
Apr 21, 2023 09:09 PM
TECH INSIDER

Tech Insider: China Tech Suppliers Look Beyond Apple, ByteDance Cloud Unit Plays to Its Strengths

Jittery Chinese component suppliers are trying to curb their reliance on Apple, the latest American giant caught in the U.S.-China tug-of-war. Photo: VCG
Jittery Chinese component suppliers are trying to curb their reliance on Apple, the latest American giant caught in the U.S.-China tug-of-war. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Long tethered to Apple, Chinese suppliers seek new options

Jittery Chinese component suppliers are trying to curb their reliance on Apple Inc., the latest American giant caught in the U.S.-China tug-of-war, as their executives talk up the prospect of making things like auto parts. 

Privately, an overreliance on Apple’s business has long been a source of unease at such firms. Last month a senior executive at Weifang, Shandong-based GoerTek Inc., which makes Apple’s branded wireless headphones, warned that geopolitical risks are driving his client to seek a production shift to India and Vietnam, regardless of cost.

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