Apple accelerates its divorce with China | EUROtoday

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LA commerce warfare launched by Donald Trump in current weeks has prompted an actual shock wave inside the international monetary markets and particularly within the ranks of American tech giants. Among the 7 “fantastic” (Google, Amazon, Microsoft, Apple, Nvidia, Meta, Tesla), Apple is the corporate that suffered probably the most on the inventory market, its motion having misplaced 18.1 % of its worth, between April 2 and April 7 inclusive. And for good cause.

In March 2024, based on Evercore ISI, Beijing weighed virtually 80 % within the whole Apple manufacturing. And it’s in China that almost 90 % of the iPhone bought, then, around the globe produced. Indeed, Beijing is the primary assembler and producers of Apple digital elements by way of the Taiwanese firm Foxxcon. To restrict its publicity to this nation and to geopolitical tensions between Beijing and Washington, Apple has been falling again for a number of years to India.

Read too Apple remembers 1000’s of iphone in an emergencySince 2017, Apple has been working with accomplice corporations to relocate its assemblies in India, beginning with the meeting of older fashions and step by step lengthen manufacturing to newer fashions. In June 2023, Tim Cook, the boss of Apple, had the chance to satisfy Indian Prime Minister Narendra Modi, saying that India represented a “huge opportunity” for his enterprise.

Reassure the Chinese

Thus in September 2024, the Californian firm struck a giant blow by saying the manufacturing of its new smartphone, the iPhone 16 and its derivatives (plus, professional, professional max), India. But upstream of this launch, Apple took care to ship a video to the Chinese who then circulated on social networks. In this message, Tim Cook remembers that their nation stays necessary attributable to “the quantity of skills in one place and the type of skills”.


To uncover



The kangaroo of the day

Answer



The story between China and Apple is sophisticated in current weeks, with the commerce warfare launched by Donald Trump, and Chinese bidding. At a time after we publish these traces, Washington has introduced 145 % customs duties on any product from China; Beijing, for its half, guarantees to tax American exports of products, 125 %

At the tip of March, Apple introduced within the United States, 1.5 million iPhone from India and China to counter the primary salvo of American customs taxes relevant in early April.


https://www.lepoint.fr/economie/guerre-commerciale-apple-accelere-son-divorce-avec-la-chine-11-04-2025-2587102_28.php