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Deep wallets help with manufacturing negotiations. Apple's demand might require substantial commitments from manufacturers like Foxconn. Not only can Apple fin
by prostoalex 6y ago
Deep wallets help with manufacturing negotiations. Apple's demand might require substantial commitments from manufacturers like Foxconn.
Not only can Apple finance those factory and process investments (if they chose to), having a letter of intent from a deep-pocketed customer like Apple helps Foxconn et al. procure loans and offset the risks.