javascript hit counter
Business, Financial News, U.S and International Breaking News

Apple suppliers to make Apple Watch and MacBook in Vietnam: Report

Apple Inc’s suppliers are in talks to provide Apple Watch and MacBook in Vietnam for the primary time, Nikkei Asia reported on Tuesday (Aug 16), citing individuals acquainted with the matter.

Apple’s Chinese language suppliers Luxshare Precision Business and iPhone assembler Foxconn have began take a look at manufacturing of Apple Watch and MacBook in Northern Vietnam, the report added.

Apple has been shifting some areas of iPhone manufacturing from China to different markets, together with India, the place it began manufacturing iPhone 13 this yr, and can be planning to assemble iPad tablets.

India, the world’s second-biggest smartphone market, together with international locations equivalent to Mexico and Vietnam have gotten more and more essential to contract producers supplying American manufacturers, as they attempt to diversify manufacturing away from China.

Apple, Foxconn and Luxshare Precision didn’t instantly reply to a Reuters request for remark.

Final week, Taiwanese contract producer Foxconn gave a cautious outlook for the present quarter after posting outcomes that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled increase.

Like different international producers, Foxconn – formally referred to as Hon Hai Precision Business – has handled a extreme scarcity of chips that harm manufacturing, as bottlenecks from the pandemic lingered and the Ukraine warfare additional strained logistical channels.

This text was initially revealed by Learn the authentic article right here.

Comments are closed.