Apple has asked its suppliers to look into the possibility of shifting final assembly of some products out of China, according to report from The Wall Street Journal on Thursday. The iPhone maker is looking into moving “up to around a third of the production for some devices” to other countries, including locations in Southeast Asia, the Journal reported.This follows a Nikkei report Wednesday that said Apple is considering moving between 15% and 30% of all iPhone production out of China and has asked its major suppliers to weigh up the costs. The potential moves are spurred by rising US-China trade tensions.China said back in May that it would impose a 25% tariff on US goods in retaliation against President Donald Trump’s plan to increase tariffs on products imported from China. Analysts have forecast the cost of iPhones to increase by up to 14% as a result, though in June Apple CEO Tim Cook said he’s not expecting that.. Apple and the US-China trade war Apple can reportedly make enough iPhones outside China Trump’s China tariffs would mean pricier phones for you, CTA report says Tim Cook says he isn’t too worried about China tariffs on iPhones “The Chinese have not… Read full this story
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