"...Bloomberg Intelligence estimates it would take about eight years to move just 10% of Apple’s production capacity out of #China, where roughly 98% of the company’s iPhones have been made." finance.yahoo.com/news/apple-tec…
"Scores of local component suppliers -- not to mention modern and efficient transport, communication and electricity supplies -- make it particularly difficult to get out of the world’s second-largest economy."
“With China accounting for 70% of global smartphone manufacturing and leading Chinese vendors accounting for nearly half of global shipments, the region has a well-developed supply chain, ...
... which will be tough to replicate -- and one Apple could lose access to if it moves,” BI’s report from analysts Steven Tseng and Woo Jin Ho said.
"But US technology firms invested more than two decades, and tens of billions of dollars, setting up complex production chains to provide essential goods for the e-commerce boom.
Unwinding those ties could end up taking just as long, and may result in lasting damage to an already battered global economy."
“There was some momentum in this direction as a consequence of the trade war and the pandemic,” said Scott Kennedy, a senior adviser at the Washington-based Center for Strategic and International Studies.
“The Shanghai lockdown was really a monster accelerant. And the cross-strait crisis in early August added more fuel to the fire.”
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