Apple plans to move production out of China

The last few weeks have apple Inc. has accelerated plans to move some production out of China, long the dominant country in the supply chain that built the world’s most valuable company, people involved in the discussions say. That prompts suppliers to plan more actively to assemble Apple products elsewhere in Asia, particularly India and Vietnam, they say, and wants to reduce reliance on Taiwanese assemblers led by Foxconn The technology group.

Unrest in a place called iPhone City helped drive Apple’s shift. In the giant city-within-a-city of Zhengzhou, China, as many as 300,000 workers work in a factory run by Foxconn to make iPhones and other Apple products. At one point, it alone made up about 85% of the Pro lineup of iPhones, according to market research firm Counterpoint Research.