Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's China problem: how its ticket to success has become a liabilityApple can thank China for much of its success.
In the early days, as Apple was on the brink of bankruptcy, it pivoted its manufacturing to China, capitalizing on a massive low-wage workforce, billions in government stimulus to build out enormous factories, and the loyalty of a rapidly growing middle class.
But now, what was once a key to its success has increasingly become a liability.
In just the past few weeks, it's seen a Chinese tax investigation into its biggest manufacturer Foxconn, accusations of censorship around Jon Stewart's canceled show, and has lost its market share dominance to competitor Huawei.
This week on Tech Check, we dive into Apple's China problem, and why it's not going anywhere.
Persons:
it's, Jon Stewart's
Organizations:
Apple, Huawei, Tech
Locations:
China