Apple Mulls Shifting 15%-30% of Output From China Amid Trade Dispute -Nikkei

Date : 06/19/2019 @ 10:14AM
Source : Dow Jones News
Stock : Apple Inc. (AAPL)
Quote : 202.59  -3.07 (-1.49%) @ 5:00AM

Apple Mulls Shifting 15%-30% of Output From China Amid Trade Dispute -Nikkei

Apple (NASDAQ:AAPL)
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--Apple has asked its major suppliers to evaluate the cost implications of shifting 15% to 30% of their production capacity from China to Southeast Asia, Nikkei Asian Review reported, citing unnamed people.

--Apple's request was triggered by the protracted trade tensions between Washington and Beijing, Nikkei reported.

--Apple has decided the risks of relying so heavily on manufacturing in China, as it has done for decades, are too great and even rising, Nikkei reported.

 

Full story: https://s.nikkei.com/2XVnvgh

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

June 19, 2019 04:59 ET (08:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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