According to reports, Apple is shifting some of its MacBook manufacture from China to Vietnam.
According to reports, Apple (NASDAQ:AAPL) is considering a number of possibilities to continue diversifying its manufacturing options. This time, the company is reportedly considering shifting some of the manufacture of its MacBook computers from China to Vietnam.
According to sources close to the situation cited by Nikkei Asia, the American tech giant has urged Foxconn, also known as Hon Hai Precision (OTCPK:HNHPF), to begin producing MacBooks in Vietnam as early as May.
In Tuesday's premarket trade, Apple (AAPL) shares were slightly down at $132.30.
Given how big and intricate the computer supply chain is, it was previously reported that only high-end Mac models will be imported into Vietnam.
AirPods, iPads, and Apple Watch are already produced in Vietnam by Apple (AAPL).
Based in Cupertino, California Although Apple (AAPL) has made progress in recent years to expand its manufacturing operations outside of China, it remains mostly dependent on the most populated nation in the world. Apple (AAPL) said in September that portion of the iPhone 14 lineup's production would take place in India.
J.P. Morgan, a financial services company, predicted that by 2025, the country in Southeast Asia may produce 25% of all iPhones.
According to a rumour from August, Apple (AAPL) was exploring expanding its manufacturing capabilities in Vietnam, including the assembly of the MacBook.
Wedbush Securities, an investment firm, recently stated that Apple (AAPL) needs to shift iPhone manufacture outside of China because to the ongoing COVID-19 outbreak in that nation.