Can India Replace China For Apple?
Lew Later
Quickscope Media
4.8 • 1.9K Ratings
🗓️ 12 June 2019
⏱️ 61 minutes
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| 0:00.0 | Apple's US iPhones can all be made outside of China if needed. |
| 0:09.0 | So apparently Apple specifically less reliant on China than we may have originally thought. |
| 0:19.0 | This story via Bloomberg, Apple's devices are made by a company called FoxCon. |
| 0:25.0 | Many people are aware of this. |
| 0:27.0 | FoxCon actually headquartered in Taiwan, not mainland China. |
| 0:31.0 | Now, that doesn't mean iPhones don't come from China. They of course do. |
| 0:36.0 | Fox Khan runs production facilities, manufacturing facilities in China even though it's headquartered in Taiwan. But they've also got |
| 0:46.0 | facilities elsewhere in the world and they of course have been tracking this |
| 0:50.5 | trade war very closely. |
| 0:53.0 | Apple has kind of been a target of conversation within this trade war |
| 0:57.0 | as the icon of American companies in the tech space |
| 1:02.0 | as a potential target within this trade war, a target for China to respond to some of the fallout, some of the effect that Trump's ban or |
| 1:16.6 | executive order has had on their flagship, the Huawei brand. |
| 1:21.8 | So coming out ahead of it you have an executive, a very important |
| 1:27.2 | executive from Han High Precision Industry Co also known as FoxCon, coming out and saying, hey, we're good, saying we can shift our |
| 1:39.0 | production elsewhere. 25% of our production capacity is outside of China and we can help Apple respond to its needs in the US market |
| 1:47.5 | Adding that investments are now being made in India for Apple specifically we have enough capacity to meet Apple's demand. So specifically |
| 1:56.5 | the important part here is iPhones destined for the U.S. market, which is about one in four iPhones, as I understand it, based on this article here. Thank you very much Bloomberg. |
| 2:08.0 | The reason those are the important iPhones is because those are the ones that would be tariff, |
| 2:14.8 | presumably, or those are the ones |
| 2:16.4 | that could have issues because of their origin |
| 2:20.0 | being made in China. |
... |
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