Synopsis
An over-dependence on Apple has long been a source of unease for Chinese component suppliers. But those concerns have hit hard as the California-based giant faces political pressure at home to move its operations out of China. It also follows zero-Covid-19-related production snags, which highlights the firm’s vulnerability to Chinese regulatory winds.
By Liu Peilin, Qin Min and Mo YelinJittery Chinese component suppliers are trying to curb their reliance on Apple Inc., the latest American giant caught in the U.S.-China tug-of-war, as their executives talk up the prospect of making things like automobile parts.It comes as worsening relations bring renewed scrutiny of the Chinese supply chains of America’s most successful firms — many of which owe their growth to lower-cost mainland
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