Apple’s heavy reliance on China for product assembly is increasingly a liability, one that, to some observers, been a major risk for many years. See: Tim Cook firmly latched Apple onto China’s CCP teat. What’s his plan for weaning it off? – November 2, 2022 Apple is belated trying to reduce this potentially crippling dependence, The Information reports, but the Chinese Communist Party is creating significant obstacles. Wayne Ma for The Information:
Tim Cook painted Apple into this corner. It worked marvelously well, until it didn’t. A publicly traded company CEO’s job is to act in the best interest of its shareholders. But, Apple’s operations don’t scream “genius” today. They scream “RISK!” But, you know, the market just loooves risk… Apple shareholders and, in turn, Apple’s rubber-stamping Board of Lackeys, should hold one person responsible if this spiraling China dilemma continues deteriorate: Timothy D. Cook. Every move Apple makes to extricate itself from the corner into which Tim Cook painted it — every assembly plant, desperately and late, that’s opened in India, Vietnam, and anywhere outside of China — increases tensions with Chinese Communist Party-controlled China, a country in which Apple depends on maintaining huge iPhone and other products’ sales, but which can be turned off like a spigot at any time the CCP so desires. – MacDailyNews, January 3, 2024 Read more: • Why Apple CEO Tim Cook capitulates to China: Money and power – August 14, 2017 • Tim Cook is not the best person to be CEO of Apple – April 2, 2019 • Apple CEO Tim Cook’s continued kowtowing to China is a very bad look – October 10, 2019 • Tim Cook’s Apple is built in China; now it has to answer to the Chinese Communist Party – May 17, 2021 • Four U.S. Congressmen: Apple is ‘a pawn in China’s malfeasance’ – May 21, 2021 Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post China delaying, blocking shipments of iPhone manufacturing equipment to India appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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Thursday, April 24, 2025
China delaying, blocking shipments of iPhone manufacturing equipment to India
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