Shares of Apple and semiconductor stocks took a notable hit after US President Donald Trump said in a tweet last Friday that American companies should “immediately start looking for an alternative” to their operations in China, a comment that should concern many Silicons Valley companies that manufacture their consumer electronics products in China.
Tim Cook made a "good case" at a dinner with President Trump last Friday that its chief global competitor Samsung Electronics could gain an edge because all of Apple's "Designed in California", "Made in China" products like iPhone will get hit with the new US tariffs.
Apple's supplier Sharp is reportedly gearing up to move part of its production out of China in response to President Trump’s latest escalation of the growing US trade war with China.
Apple won't be exempt from any new tariffs, US President Donald Trumpt tweeted today.
In yet another sign that it's moving to diversify product manufacturing beyond China, Apple's reportedly been trialing AirPods production in Vietnam, per a communication seen by Nikkei.
Apple yesterday opened its first developer accelerator program in Shanghai, China.
A sketchy report, citing sources in the upstream supply chain, says Apple may create a China-specific iPhone with an under-display fingerprint sensor as a cheaper alternative to Face ID.
The new Mac Pro unveiled during the June 3 WWDC 2019 keynote won't bear an "Assembled in the USA" label because Apple's learned it’s very difficult to manufacture in America.
A trade war with China is making some companies in the United States less-than-positive about the future, and Apple is no different. The company has issued a warning, saying that additional tariffs could have a wide range of negative impact on the company -- and consumers.
A new report suggests Apple may be going through the process of shifting a big chunk of its manufacturing out of China.
Contract manufacturer Pegatron is allegedly set to soon move iPad and MacBook manufacturing out of China amid an escalating trade war between the US and China.
Apple has teamed up with China's Ant Financial Services Group, which owns the AliPay mobile payments network, and several local banks to offer an interest-free loan to customers who are looking to purchase a new iPhone through the company's local online store. The goal is to sharply lower the monthly sums Chinese customers have to pay for brand-new iPhones.