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China losing some manufacturing

Article published by Bloomberg

  • Apple is reducing its dependence on Chinese manufacturing, as in 2017 it has 18 large suppliers innIndia and Vietnam, but now lists 37.
    • By 2025, 75% of Apple Airpods will be made in Vietnam
  • In 2017, 43% of long term assets owned by Taiwanese electronics firms were in China
    • Now only 31%
    • Average wages in China have doubled in past decade to $530 per month
    • Twice that of India or Vietnam worker

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