This is bad news for the Chinese, iPhone 14 will not be produced in their factories, but in India. The decision was announced in late August by Apple, which, like many American companies, wants to reduce its dependence on the Middle Kingdom amid geopolitical tensions over the island of Taiwan. China’s zero-Covid policy also came at a cost when Beijing imposed a shutdown of all business activities and severe travel restrictions amid multiple positive cases detected in the city. Events that would cost Apple the equivalent of about 8 billion euros.
For India with ambitious economic goals, this decision could not have been better timed. “We have to make India a developed country in the next twenty-five years.” launched in mid-August on the occasion of Indian Prime Minister Narendra Modi’s 75th birthdaye the anniversary of the country’s independence from colonialism…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.