Apple’s iPhone 13 smartphones on display at one of the company's stores in China. Photo: Bloomberg
Lockdowns and supply chain disruption to accelerate Apple’s move away from China, with India a likely beneficiary, analysts say
- Covid-19-related lockdowns and chip shortages are set to reduce Apple revenue by up to US$8 billion in the June quarter
- Vietnam and India, which are returning to normal after coronavirus disruptions, are eyeing a bigger share of Apple’s value chain
Apple’s iPhone 13 smartphones on display at one of the company's stores in China. Photo: Bloomberg