Apple is gearing up to broaden its production footprint in Vietnam, driven by ambitions in the smart home sector and a strategy…
Tag: Vietnam
S&P 500, Nasdaq close up on Vietnam trade deal; Apple, Tesla and other tech stocks rise
The S&P 500 and Nasdaq ended higher on Wednesday, driven by tech stock gains and a new U.S.-Vietnam trade deal. The Nasdaq saw strong…
President Trump announces Vietnam trade deal; 20% tariff on Vietnam, 0% on U.S.
President Donald Trump announced on Wednesday a new trade agreement with Vietnam, imposing a 20% tariff on Vietnamese imports to the U.S.…
Trump admin sent ‘long list’ of ‘tough’ demands to Vietnam in trade talks
The Trump administration has presented Vietnam with a a “long” list of “tough” demands in tariff negotiations, including measures…
U.S. smartphone shipments rose 30% in March, spurred by tariff concerns
Smartphone shipments to the U.S. jumped 30% in March as manufacturers Apple, Samsung, and Motorola rushed to import more devices…
Apple to join American business mission to Vietnam next week
A group of leading American companies, including Apple, will participate in a significant business delegation to Vietnam next week…
Apple assembler Foxconn to begin AirPods production in southern India early next year
Apple assembler Foxconn will begin producing AirPods wireless earphones in India for the first time early next year, marking a milestone in…
Apple seeks to cut number of iPhone assembly workers by half
Apple is reportedly telling its iPhone assemblers to replace up to 50% of their employees with automation within the next few years…
Apple fortifies supply chain in China while increasing presence in India and Southeast Asia
In a strategic balancing act, Apple is simultaneously increasing ties in China while also expanding in India and Southeast Asia and India…
Apple to move key iPad engineering resources to Vietnam strengthening alternative manufacturing of China
Apple is for the first time allocating product development resources for the iPad to Vietnam, a major step toward strengthening the…
Apple assembler Luxshare to invest $330 million more in northern Vietnam
Apple assembler Luxshare has been awarded a license to invest an additional $330 million in its plant in Bac Giang, Vietnam, increasing…
Apple supplier tops China tech stocks on strong earnings
A unit of electric-vehicle maker BYD Co. that also supplies parts for Apple has climbed 23% this month, making it the best performer…
US-China trade war threatens to add to Apple’s Mac, iPhone, and other prices
As U.S.-China relations continue to sour, the way Macs, iPhones, iPads, and other Apple devices are made is changing, and that shift…
Apple launches Apple Store Online in Vietnam
Apple today announced the expansion of the Apple Store Online into Vietnam. Customers throughout the country can now shop direct…
Apple to launch online store in Vietnam next week
Apple will launch its online store in Vietnam next week, as the company doubles down on emerging markets where it’s seen much recent success…
Apple MacBook assembler to set up $120 million plant in Vietnam
Quanta Computer, a Taiwanese contract manufacturer that makes MacBooks for Apple, will build a $120 million plant in Vietnam’s…
Apple now makes almost 7% of its iPhones in India in effort to reduce its reliance on China
Apple assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone…
Inside Apple’s belated attempt to free itself from China
Tim Cook spearheaded Apple’s move to make products “Designed in California,” but “Assembled in China.” It worked marvelously well, until…
Apple CEO Tim Cook meets with China’s commerce minister
Apple CEO Tim Cook met with China’s minister of commerce, Wang Wentao, to discuss China’s reopening and broader supply chain…
Better late than never: Apple suppliers race to exit China
Apple suppliers are likely to move capacity out of China far faster than many observers anticipate to pre-empt fallout from…
Foxconn secures 111-acre site in Vietnam as Apple assembler continues to diversify production away from China
Foxconn, formally known as Hon Hai Precision Industry, has signed a lease with Saigon-Bac Giang Industrial Park Corp in…
How Apple plans to diversify its supply chain away from China
In recent years, there has been a growing concern among supply chain experts in companies like Apple and governments such as the U.S…
Apple supplier BOE to invest up to $400 million in new factories in Vietnam
Chinese display maker and Apple supplier BOE Technology Group plans to invest a substantial sum to build two factories in Vietnam …
Foxconn to begin assembling MacBooks in Vietnam within months
Apple plans to move some MacBook assembly out of China to Vietnam for the first time next year as the Cupertino Colossus continues its…
Apple looks to diversify some iPad production from China to India
Apple is speaking with Indian officials about relocating some iPad manufacturing in the country as U.S.-Chinese relations sour and the CCP’s…
Better late than never: Apple accelerates plans to move production out of China
In recent weeks, Apple has accelerated plans to shift some of its production outside China, long the dominant country in the company’s supply…
Apple assembler Foxconn to invest $300 million more in Vietnam production
Vietnam state media said this weekend that Apple assembler Foxconn has signed a $300 million memorandum of understanding with…
Apple in talks to make MacBooks, Apple Watches, HomePods in Vietnam as it looks to break China dependence
Apple is reportedly in talks to produce MacBooks, Apple Watches, and HomePods and MacBooks in Vietnam. Vietnam already produces…
Apple assembler BYD to start iPad production in Vietnam this month
Apple assembler BYD plans to begin commercial production of iPads this month in Vietnam after a trial run started in May, a provincial…
Apple to move some iPad production out of China for first time due to CCP’s quixotic ‘zero-COVID’ crusade
Apple is moving iPad production out of China for the first time in history and the Chinese Communist Party’s quixotic “zero-COVID” crusade…
Apple assembler Quanta faces worker revolt in locked down Shanghai factory
Apple assembler Quanta faces a revolt by workers stuck inside a Shanghai factory locked down due the CCP’s quixotic “xero-COVID” crusade…
Apple looks to diversify manufacturing outside of China due to draconian COVID-19 restrictions
Apple has told some of its contract manufacturers that it wants to boost production outside China, citing the Chinese Communist Party’s…
Vietnam sees robust iPhone 13 demand
Channel retailers in Vietnam have seen stronger-than-expected sales for Apple’s new iPhone 13 lineup and expect demand to outstrip supply…
Vietnam COVID-19 outbreak threatens to disrupt tech supply chain
A rapidly spreading COVID-19 outbreak has left factories operating below capacity in Vietnam’s industrial northern provinces, where…
Apple assembler Foxconn to build $270M factory in Vietnam, likely for MacBook and iPad
The government of Vietnam on Monday awarded a license to a unit of Taiwan’s Foxconn to build a $270 million plant to produce…
Foxconn to shift some Apple production to Vietnam to decrease China risk
Foxconn is moving some MacBook and iPad assembly to Vietnam from China at the request of Apple as the U.S. firm diversifies production to…
Apple’s supply chain shift creates boomtowns in rural Vietnam
Vietnam’s Bac Giang province was one of the nation’s poorest. Now officials in the rural area north of Hanoi host representatives from Apple…
In shift away from China, Apple to produce millions of AirPods in Vietnam
Accelerating its diversification of production out of China amid the COVID-19 pandemic, Apple will produce millions of AirPods in Vietnam…
iPhone assembler Wistron looks to move 50% of production outside China by 2021
According to Apple iPhone-assembler Wistron chairman Simon Lin, the company is looking to move 50% of production outside China and to significantly grow…
Apple, others look to move production away from China; not an easy task
Apple, Google and Microsoft have looked to move some hardware production from China to other countries, including Vietnam and Thailand…
Apple supplier Pegatron plans production facilities in Vietnam
The latest Apple supplier to establish a presence in Vietnam is Taiwan’s Pegatron, which plans to set up production facilities in the Southeast Asian nation…
Apple’s iOS 13.3 coming next week according to carrier document: Perhaps as early as December 11th
A document from Vietnamese carrier Viettel suggests that iOS 13.3 may be released as early as next week…