People walk near a display advertising Apple’s iPhone 14 outside its store in Shanghai on November 7, 2022. Photo: Reuters
China’s Apple loss is India’s gain, as 2022 supplier list shows shift in supply chain preferences
- Apple added five new suppliers in mainland China last year but cut eight, while production bases in India rose to 14 from 11
- China remains a production stronghold for the iPhone maker, with 151 of its 188 suppliers having facilities in the country
People walk near a display advertising Apple’s iPhone 14 outside its store in Shanghai on November 7, 2022. Photo: Reuters