RTR: Apple results hit by supply chain woes, Cook says holiday quarter impact will be worse
REUTERS reports: Supply chain woes cost Apple Inc $6 billion in sales during the company’s fiscal ...
If you want anecdotal evidence that China’s manufacturing industries are moving up the value chain, it is to be found here, as home-grown Chinese companies are finding increasing success in bidding for Apple sub-supplier contracts that would previously have gone to Taiwanese, South Korean or Japanese firms. It is transforming itself from a country of low-cost labour to one that has the outright technical capacity to engage in cutting-edge manufacturing. Partly this is a result of Apple’s search to reduce ...
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