SHANGHAI, Nov 30 (Reuters) - Apple Inc's (AAPL.O) wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company supply chain data shows.
"The China supply chain is not going to evaporate overnight," said Eli Friedman, an associate professor at Cornell University who studies labour in China.
The Apple supplier data to 2021, however, shows no locations so far that stand out as substantial gainers to match China's decline, according to the Reuters analysis.
Apple's annual data covers more than 600 locations among its top suppliers, which represent 98% of Apple's direct spending.
While Apple's shift from China is increasingly evident, including in its own supply chain data, so too are the risks from the concentration of operations there.