Overview
- Tim Cook attended a Beijing supply chain conference and a high-level roundtable with Chinese Premier Li Qiang and other global executives.
- The discussions focused on supply chain stability and trade concerns as companies prepare for President-elect Donald Trump's proposed tariffs on Chinese goods.
- China is critical to Apple as a major production hub, with over 95% of its devices manufactured there, and as its second-largest market after the US.
- Apple is navigating challenges in China, including slowing iPhone sales, local competition from Huawei, and reports of government discouragement of iPhone use.
- Cook's repeated visits highlight Apple's commitment to China while the company explores diversifying its supply chain to reduce geopolitical risks.