Apple is stuck in China: Evacuate or return?Apple's share price continued to appear after Double 11, and its market value evaporated by 115 trillion yuan. The analysis pointed out that the decline in revenue in China was the main reason. Apple is accelerating its withdrawal from the Chinese industrial chain and shifting orders to India.
However, the frequent quality problems of Made in India have made consumers question Apple products, and the reputation has dropped sharply. Cook also acknowledged that "the importance of working with China must be revisited". Will Apple really be able to wean itself off China?Apple is accelerating its withdrawal from China in an attempt to reduce its dependence on China and turn to India.
However, there have been frequent product quality issues with Made in India, consumers have questioned the products, and refund requests have surged. This has forced Apple to re-examine the importance of working with China. China's industry is transforming, but Apple doesn't seem to have kept up with China's industrial transformation.
The ** chain, which was originally undertaken by Apple, has now been taken over by Chinese domestic manufacturers, with a yield rate of up to 90%. In fields such as satellite navigation and biotechnology, Made in China has also gained more influence. With the maturity of domestic raw material refining technology, China has a certain right to speak in the upstream of the industrial chain, forcing the price of finished products in the international market to fall.
Apple has said that 95% of its production capacity will still return to China in the future, but China's ** chain has more options and is no longer completely dependent on Apple. At the same time, many companies have also begun to move into other areas to reduce their dependence on Apple.
While it may seem that Apple's departure from China will not have much impact on the Chinese economy, Apple finds itself seemingly inseparable from China. Faced with Apple's predicament, we can't help but ask: can Apple still return to the Chinese market?What are your thoughts on Apple's future development in China?