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Apple (AAPL) is 'More Aggressively' Relocating Production from China to India and Vietnam - JPM

September 21, 2022 7:33 AM EDT

JPMorgan analyst Gokul Hariharan sees Apples (NASDAQ: AAPL) relocation efforts increasing to mitigate the supply chain risks, which are mainly tied to China and Shanghai.

Hariharan forecasts that Apple is manufacturing around 95% of its products in China today, a number that should... More