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Apple continues to ditch China: Foxconn leases new site in Vietnam for new Apple factory
Mehul Das •Apple continues to push forward with its China Plus One policy, as Foxconn, Apple’s largest manufacturing partner acquired a new location in Vietnam for a new Apple factory. Foxconn has been investing heavily in India and Vietnam as it moves away from China.
After moving its production facilities, Apple plans to diversify its supply chains outside of China
Mehul Das •Apple had already moved a major chunk of its production facilities for iPhones and other devices out of China and into India under its China Plus One policy. Now, Apple is also planning to move a portion of its established supply chains outside China.