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Is China blocking Apple’s India diversification plan?
The bulk of Foxconn’s Chinese staff working on iPhones in India have been ordered back to China, according to a new Bloomberg report. It appears to be part of a concerted effort to prevent “technology, skilled labor and specialized equipment to leave China for manufacturing upstarts such as India.”
In April, at the height of Trump’s tariff threats, the Financial Times reported that Apple wanted India to produce all 60 million iPhones headed to the US each year by the end of 2026.
Foxconn Pulls Chinese Staff From India in Hurdle for Apple
[bloomberg.com]
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