Can anyone shop at Shinsegae Duty Free?
Apple's business is currently deeply integrated with China, and experts suggest it would be extremely difficult for the company to operate without it. Approximately 80% of iPhones are still assembled in China, and about a third of Apple's sales are tied to its operations and consumer market there. Shifting this entire production network to the United States or other countries would be a "titanic effort" due to the vast infrastructure, specialized engineering talent, and supply chain ecosystem Apple has cultivated in China over decades. While Apple has begun shifting some production to countries like India, Vietnam, and Thailand, a total break from China would likely cause a massive drop in the company's valuation and competitiveness.
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