Apple
accelerated plans to move some production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal The report cites anonymous sources.
World’s most valuable company asks suppliers to plan assembly more aggressively
Apple
(code: AAPL) elsewhere in Asia, particularly India and Vietnam, in an effort to reduce reliance on Taiwanese assemblers led by Foxconn (2354: Taiwan), The Journal reported.
Foxconn
produce 70% of the world iPhone shipments and is one of the largest electronics contractors in the world. Apple did not respond Barron’s request comment.
