
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.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app