Wired
Economic Daily reported that Apple’s suppliers are relocating their manufacturing plants from China to Southeast Asia.
Movement to relocate manufacturing plant from China to Vietnam
According to Everbright Securities, of the top 200 Apple suppliers, 150 had 358 factories in mainland China in 2018, down to 259 in 2020.
The decrease is increasing in Southeast Asia such as Vietnam, Everbright Securities reports.
The number of suppliers with manufacturing plants in Vietnam increased from 17 in 2018 to 23 in 2020.
Seven Chinese companies that have already expanded into Vietnam have been confirmed, including Luxshare Precision, GoerTek, Shenzhen YUTO Packaging, and Lens Technology.
Increased iPhone production in India
Chinese media 21st Century Business Herald reports that suppliers are planning to expand production in India outside of Southeast Asia.
In India, Foxconn, Pegatron and Wristron manufacture iPhones, with 3.1% of total iPhone shipments manufactured at these factories in 2021 and 6% -7% in 2022. Is expected to increase to.
Source: Daily Economic Report
Photo: Apple
(FT729)
Source: iPhone Mania