China’s Apple loss is India’s gain, as 2022 supplier list shows shift in supply chain preferences

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China’s Apple loss is India’s gain, as 2022 supplier list shows shift in supply chain preferences - SCMP

Quick Summary:

Apple added five new suppliers in mainland China last year but cut eight, while production bases in India rose to 14 from 11.

Among the eight companies removed from the list are Trio Metal Company Limited, a supplier of wire rods based in southern Guangzhou, and display maker Tianma Micro-Electronics.

People walk near a display advertising Apple’s iPhone 14 outside its store in Shanghai on November 7, 2022.