Apple's main assembly partner, Foxconn, announced on Tuesday that it will establish a major new factory in Vietnam, in a sign that the iPhone maker is moving production away from China.
Tesla is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as the Chinese regime tightens COVID-19 restrictions to curb the country’s latest outbreak.
According to a recent report, Apple has increased its reliance on Communist Chinese suppliers and appears to be replacing Taiwanese manufacturer Foxconn with Chinese supplier Luxshare as part of its $275 billion deal with the Communist government.
Taiwan electronics manufacturer Foxconn has all but bailed on a $10 billion factory in Wisconsin which was supposed to employ 13,000 workers - only to have been plagued with setbacks and confusion from the start.
