3 ms·

Definitely not ideal. Moving away from China is good but I wonder how much of this is PR. It wouldn't make sense to move given they spent $275B building up Chin

• bobthepanda 4y ago
  I think more realistically zero COVID and the resulting supply chain shortages due to port and factory lockdowns are a bigger concern. Making iPhones in China is no good if you can’t get them out to shelves in time.
• bsder 4y ago
  > Moving away from China is good but I wonder how much of this is PR. Some of it is PR, but the reality is that wages have been rising in China and other countries like India are cheaper. And, Apple spent $275B as part of a shakedown to avoid Chinese regulations. If Apple didn't start moving their business after that, the people running it are fools. I suspect Apple would be much further along on that if Covid hadn't hit in the middle of this.
• r00fus 4y ago
  That's a fallacy in thinking (sunk costs fallacy). If there's strategic risk in single-sourcing you need to diversify.