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Apple is prepared to move iPhone production out of China if Trump trade war escalates

bizjournals Tuesday, 11 June 2019
For months, Apple Inc. has quietly prepared to move iPhone production out of China, anticipating President Trump’s steadily escalating trade war, which threatens to cut into the company's profit margin. At an investor conference Tuesday, an executive at Foxconn, which produces most of the world’s iPhones, reportedly said his company could quickly shift iPhone manufacturing to another Asian country if the Trump administration places new tariffs on billions of dollars of imported goods from China. “Twenty-five…
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