Apple plans this year to buy more than 19 billion chips made in the United States. This step has become part of the global supply chain restructuring strategy, its purpose is to reduce dependence on China and enhance iPhone production in India.
CEO Tim Cook confirmed that the company is increasingly cooperating with Taiwan TSMC, which expanded production in Arizona. It is hoped that from US factories, tens of millions of processors will come, including iPad and Apple Watch. In addition to the chip, Apple also receives glasses for the iPhone screen from the American Corning manufacturer.
Apple has produced about 20% iPhone in India and hoped that at the end of next year, most devices for the US market will focus there. This decision is not only related to gradually reducing sales in China, but also with new tax rates from the United States to Chinese goods.
In the report in the second quarter, Apple showed that sales in China increased the alert of investors. The company's stock fell 4.2% after announcing the results.