Yea, I think it started with trade barriers, but I think Apple likely wants to increase non-China manufacturing to reduce their risk a bit. Tensions with China

Yea, I think it started with trade barriers, but I think Apple likely wants to increase non-China manufacturing to reduce their risk a bit. Tensions with China have been a bit high and when you're Apple's size, it can be good to lessen the risk there. Even if it's unlikely that something would cause a disruption, when you're a nearly $3T company it's probably wise to diversify that risk. Apple's annual revenue is greater than the GDP of many countries like Finland or New Zealand. Ramping up manufacturing in India could be a good hedge against China or the US doing something that might impact their exports from China.