India, Vietnam seen as likely alternatives as Apple mulls shifting production out of China: Report

Apple, the world’s most valuable company, is reportedly looking to accelerate plans to shift production outside China, a decision that has been propelled by violent protests in Zhengzhou, which is also known as the ‘iPhone City’.

According to a report by The Wall Street Journal, which cited company officials “involved in the discussions”, Apple is eyeing India and Vietnam as alternatives to China as it looks to reduce dependence on both Beijing, as well as Taiwanese assemblers led by Foxconn.

Apple’s relationship with China goes back years, and by and large, had been beneficial for both parties.

However, workers’ protests against low wages and Covid-19 restrictions at the Zhengzhou plant in November appear to have shaken Apple’s confidence in the stability of business in China,