Bottlenecks, Covid restrictions have Apple considering moving production out of China

Bottlenecks and Covid-19-related restrictions in China could lower Apple’s sales by USD 8bn in Q1, and the tech firm is looking into moving production out of the country.

Photo: Laurenz Heymann / Unsplash

China’s strict authoritarian regime is creating risks for technology giant Apple, which is considering boosting production of its products outside the country, reports the Wall Street Journal.

According to the WSJ, 90% of Apple’s products are made in China, but the country’s strict lockdowns during the Covid-19 crisis and the government’s current cold relations with Washington are proving to be problematic. The current restrictions in China and the bottlenecks they entail could slow Apple’s sales by USD 8bn in the first quarter alone.

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