Apple Commits $500 Million for Rare-Earth Magnets
Digest more
8don MSN
Trump's trade advisor Peter Navarro ripped into Apple's reliance on China on Monday. Leaving the country might be harder than Trump thinks, analysts say.
Foxconn Technology Group has asked hundreds of Chinese engineers and technicians to return home from its iPhone factories in India, a move that is likely to hamper Apple Inc's plans to ramp up production in the country.
Apple is one of those companies, having started shifting part of its iPhone production to India four years ago. However, Foxconn, the company that makes most of Apple's devices, has done something that may put this diversification strategy in peril,
Apple's India expansion faces hurdles as Foxconn sends 300+ Chinese engineers home, impacting iPhone 17 production.
Foxconn, a key manufacturing partner to Apple, has in its bid to diversify its supply chain beyond China, recalled over 300 Chinese engineers and technicians from its India assembly plants over the past two months.
About 100 Chinese technology professionals have returned, raising doubts about the production of the iPhone 17 in India. However, sources indicate that the situation is being monitored, and Apple is expected to seek solutions to manage the issue.