Topic: supply chain diversification
-
Apple Faces $900M Tariff Hit as Production Shifts to India and Vietnam
Apple is bracing for a $900 million increase in costs this quarter due to U.S. tariffs on Chinese imports, CEO Tim Cook revealed during the company's latest earnings call. To mitigate the impact, Apple is accelerating its shift in production from China to countries like India and Vietnam.
Read More » -
Unpacking the Impact of Trump's Proposed Tariffs on US Tech
President Trump's proposed tariffs include a baseline 10% on all imports and much higher rates on specific countries, such as 54% on Chinese goods, significantly impacting the tech sector.
Read More »