It appears Apple has finally decided that putting up with the Chinese Communist Party is no longer the best business decision for the company.
Apple is reportedly accelerating its plan to move iPhone production out of China and into countries such as India and Vietnam. This comes after protests in China at Apple’s largest iPhone factory, with workers joining protesters across the country in opposing China’s “zero COVID” policies. The protests had led to an estimated production shortfall of around 6 million iPhones, which caused Apple stock to drop.
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