Apple is reportedly moving some MacBook production out of China and into Vietnam
Apple$Apple(AAPL)$ is reportedly looking at some options to continue diversifying its manufacturing options, this time looking at moving some production of its MacBook computers out of China and into to Vietnam.
The U.S tech giant has asked Foxconn, also known as Hon Hai Precision (OTCPK:HNHPF), to start making MacBooks in Vietnam as soon as May, Nikkei Asia reported, citing sources close to the matter.
Earlier this month, it was reported that only high-end versions of the Mac would come to Vietnam, given how extensive and complex the supply chain is for computers.
Vietnam already produces some Apple (AAPL) products, including AirPods, iPads and Apple Watch.
Cupertino, California-based Apple (AAPL) has made strides in diversifying its manufacturing operations out of China in recent years, but it is still heavily reliant on the world's most populous country.
In September, Apple (AAPL) confirmed that India would be responsible for some production of the iPhone 14 lineup.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
[Happy]