Commentary
Apple is doing the splits. The maker of iPhones, MacBooks, and AirPods is moving much of its production outside of China to the United States, India, and Vietnam.
Simultaneously, the company is shifting production within China from Taiwanese to Chinese companies.
Moves to the West and friendly countries will please Western consumers and governments.
Within China, whose consumers spend a whopping 17 percent of Apple’s total revenues, the company is moving production from Taiwan’s Foxconn to Chinese companies like Luxshare Precision, Goertech, and Wingtech.
That makes the Chinese Communist Party (CCP) happy, or at least, less unhappy.
The production split is driven by politics. Apple wants to maintain production in China and the West during an incipient global decoupling between Washington- and Beijing-led trading blocs….