Apple Expedites Plans To Leave China As Protests Continue

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Apple is accelerating plans to shift production away from its largest iPhone factory, Foxconn, which operates in Zhengzhou, China, due to the ongoing protests over the zero-Covid policies.  The protests have significantly impacted Apple’s supply chain resulting in a shortage of iPhone products going into the U.S. holiday season.  Apple plans to shift production to India and Vietnam; however, finding production capability at the scale needed has been challenging.