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Bloomberg: Apple products may rise in price due to US-China tensions KXan 36 Daily News

Date: May 26, 2024 Time: 06:47:24

Beijing is at the center of Apple’s supply chain, as about 80 percent of the company’s manufacturing partners are in China, the agency recalled.

“As US-China relations deteriorate, new manufacturing sites are changing the way Apple devices are made. This is a split in the global supply chain that threatens to drive up prices.” prices for Apple’s vast consumer base,” the article’s authors note. .

Due to strained relations between the two countries, parts for Apple products must be shipped from other countries and then assembled in multiple locations at once to be shipped to customers around the world, the agency explains.

Today, manufacturers, suppliers and brands face the challenge of producing and managing a multitude of delivery points, the article notes. Premium models can be more expensive to manufacture, the publication warns.

The aggravation of relations between China and Taiwan occurred in July and August 2022 after the visit of the Speaker of the United States House of Representatives of the 52nd convocation, Nancy Pelosi, to Taiwan. The Chinese authorities reacted very negatively to the possibility of such a trip. At the start of Pelosi’s trip, China began live-fire military exercises in the waters of Fujian province, which shares a maritime border with Taiwan. The United States has also increased its naval presence in the region.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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