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Foxconn making giant expansion into Vietnam with new lease

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Foxconn expands in Vietnam

Apple is continuing to shift parts of its supply chain out of China, and the latest move is an enormous Foxconn site in Vietnam.

Manufacturers already produce some Apple products in Vietnam, such as AirPods, the Apple Watch, and some iPad production. Apple also plans to move some MacBook Pro manufacturing to Vietnam in mid-2023, which would be a first for the product category.

It won’t be easy, though, as a September report estimated that it would take Apple approximately eight years to move as little as 10% of its production away from China. Increasing tensions between the US and China are a significant factor, but Apple manufacturing has also taken a hit from China’s COVID-19 measures.

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