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Apple’s Eroding Partnership with Foxconn
- garblegarble 6y agoPaywalled, but macrumors has a report on the content of this article: https://www.macrumors.com/2020/10/27/apple-foxconn-profit-margin-tensions/ https://www.macrumors.com/2020/10/27/apple-foxconn-profit-ma... What's really surprising is that these "attempts to increase their margins" read like fraud (claiming they need more staff than they actually hired, using Apple equipment to manufacture for work for Apple's competitors, not doing the testing work they agreed). Especially astonishing is giving Google a tour of the production line for an unannounced Apple product. I'm surprised Apple hasn't dropped them already - I assume they're doing that slowly as part of their diversification strategy here.
- baybal2 6y agoI think it is more or less certain that Apple has a multi-year plan in action to exit China. Companies in the huge Apple supply chain been getting nudged more, and more with each year by Apple to consider relocating either to Taiwan, or Vietnam. P.S. I believe Foxconn is the one, and only company in the world of this size to be ever caught doing "third-shifting"