A major supplier to Apple is expanding its operations, investing billions in a manufacturing hub in Vietnam.

The entities involved

• Apple Inc. →

  American multinational technology company based in Cupertino, California

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
• Foxconn →

  Taiwanese multinational electronics contract manufacturer

  Nothing else this week.

• Sri Lanka →

  island country in South Asia

  • China is deepening its cooperation with Sri Lanka by providing aid specifically for education and digital infrastructure development.Mon 17:27
  • Mikiko Tanaka, Harini Amarasuriya, and others discussed regional economic challenges and opportunities in Sri Lanka, focusing on women's economic empowerment.Mon 17:08

Related events

• Apple is diversifying manufacturing operations into Vietnam and Malaysia while maintaining deep integration with Chinese supply chains amid geopolitical tensions.Sep 4
• Apple Inc. is pivoting its manufacturing operations to India.Jun 18
• Concerns regarding China are weighing on the stock performance and business outlook of major technology companies, including Apple and Amazon.Jun 7
• Apple Inc. is expanding its manufacturing and supply chain, including a new partnership with Corning for cover glass production.Jun 7
• Trump announced a chipmaking deal with Apple, while an MOU aims to end war in the Middle East and the Fed may raise rates.Jun 18