iPhone is currently one of the most profitable smartphone manufacturers in the world, and its product supply chain spreads all over the world, of which China is its largest supplier with more than 300 supply chain companies.
Over the years, Apple has been committed to diversifying its supply chain and production and wants to build a wide range of foundries around the world. Not long ago, Foxconn, Apple's largest assembler, opened a factory in India to expand production in order to produce more iPhones.
However, neither India nor Vietnam is currently able to fully meet Apple's production needs. China is the world's largest smartphone market, and Apple Always sends hundreds of U.S. engineers to China to supervise its supply chain manufacturers.
Foxconn founder Terry Gou once said that Apple mainly research and develops core components, and the rest of the assembly components are mainly from Chinese foundries, whether mobile phones or computers, most of the accessories come from Chinese foundries. According to sources, Apple's iPhone 14 screen suppliers this year include BOE, and hard drive suppliers include Changjiang Storage,both are Chinese company.
After years of development, China has already develop a very complete supply chain for Apple, and has also helped Apple increase its share in the smartphone market. The Chinese market is also the largest overseas market for Apple.According to statistics, Apple has sold 380 million iPhone in China for 10 years.
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