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Apple’s Overdependence on China Shows in $8 Billion Supply-Chain Snag

Employees work on the assembly line at Hon Hai Group’s Foxconn plant in Shenzhen, China.

Employees work on the assembly line at Hon Hai Group’s Foxconn plant in Shenzhen, China.

Photographer: Bloomberg/Bloomberg

Apple products are primarily assembled in China, and that’s brought headaches in recent years—including supply-chain woes in its latest quarter. The tech giant should now engage in a rapid expansion elsewhere. Also: A look at last quarter’s results and how the company is slowing hiring at some stores.

Last week on Power On: What to expect from the iPhone 14 later this year.