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Apple Suppliers Add Manufacturing Closer To Apple's Home -- Market Talk

Dow Jones2022-10-04

10:21 ET - Apple suppliers are adding manufacturing operations closer to the Cupertino, Calif., based technology company in a sign of how the supply chain is being reshaped after the pandemic. Of Apple's more than 180 suppliers, 48 had manufacturing sites in the US as of September 2021, up from 25 a year earlier, according to a supplier list released by Apple this week. More than 30 sites were in California, compared with fewer than 10 a year earlier. Suppliers such Qualcomm, TSMC, Foxconn and Sony added production sites in the US during the year, the list shows. Still, Apple remains overwhelmingly dependent on East Asia, and particularly China. About 150 suppliers have operations in China, and the list is packed with the names of Chinese, South Korean and Japanese companies that supply components such as chips, screens, motors and camera parts. (jie.yang@wsj.com)

 

(END) Dow Jones Newswires

October 04, 2022 10:21 ET (14:21 GMT)

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  • KingKong87
    ·2022-10-04
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