Apple has lost $200 billion in market value over the past two days, in part due to China banning its government from using iPhones 😂
Apple Loses $200 Billion in Market Value over the Past Two Days
https://watcher.guru/news/apple-loses-200-billion-in-market-value-over-the-past-two-days
Tech giant Apple has lost $200 billion in market value over the past two days, in part due to China banning its government from using iPhones
By the way, warious Russian government agencies and companies also were banning iPhones, but nobody was talking about it
I can see this trend spreading quickly outside the west now that alternatives are available.
It is if you want to have the whole supply chain end to end. China might be the only country that can produce all the components domestically right now.
From what I've read, the difficulty is largely in coordinating production of various different components. Apple not being able to build macs in US because they couldn't source enough of a particular type of screw is a perfect example of this. Every device like a phone has thousands or millions of different components needed to assemble it. Auditing the whole supply chain to ensure that you can produce all of these components domestically and in sufficient numbers is pretty difficult. China has a huge advantage here because it's where most advanced manufacturing is happening.