Foxconn suggests it could manufacture all US iPhones outside of China


China Trade

In light of all the threats Donald Trump has made in regards to
increasing import tariffs on Chinese-made goods, shares of Apple
have been particularly volatile as of late. In early May, for
example, Apple shares were trading at around $211. Less than four
weeks later, amid ongoing concerns regarding China, Apple shares
dropped all the way down to $173. Apple’s stock has since
rebounded, but concerns about China remain.

Tim Cook, meanwhile, has publicly said that he’s not worried
about an escalating trade war with China, telling CBS News last
week: “The Chinese have not targeted Apple at all, and I don’t
anticipate that happening, to be honest.”


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Foxconn suggests it could manufacture all US iPhones outside of
China
originally appeared on BGR.com on Tue, 11 Jun 2019 at 21:30:25 EDT.
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Source: FS – Phones – News
Foxconn suggests it could manufacture all US iPhones outside of China