Apple increases the Chinese brands in its supply chain

News Snapshot:

Apple’s supply chain has long been associated with China. However, the company has made conscious efforts to shift its supply chain towards other countries. Considering the political tension between China and the U.S., Apple does not want to be too over-reliant on China. Nevertheless, it is a huge task to cut China off the supply chain. This is because China does not only produce the products cheaper, it also has the manpower to meet the production target. Apple recently announced its supply chain list for fiscal year 2023. The company’s announcement reveals that Chinese brands are not leaving Apple’s supply...