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Apple will reportedly move some iPad capacity to Vietnam after China lockdowns

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Apple iPad revenue was down 1.92% year-over-year in Q2. CEO Tim Cook said the segment had ‘very significant supply constraints’ during the quarter.
Apple is moving some of its iPad production to Vietnam from China after supply chain disruptions stemming from coronavirus lockdowns have contributed to product and part shortages, Nikkei Asia said Tuesday. It shows how Apple is trying to manage supply to meet demand from consumers and expand manufacturing outside of China, a process it began to accelerate as U.

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