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Report Indicates Apple India iPhone Output is Now $7 Billion

Supply Chain Matters

Our commentary reiterated that over the last three years there were reports indicating that Apple was instructing its contract manufacturers to begin evaluating and seeking out new hardware sourcing outside of China , specifically India and Vietnam , with the former garnering the most attention.

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

In line with these pandemic times, while the ASEAN meeting was nominally held in Hanoi, Vietnam, it was a virtual signing ceremony that saw 15 countries in Asia Pacific become part of what is now the world’s largest free trade agreement, representing 30 percent of global gross domestic product and encompassing almost 2.3 billion people.

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