With the resurgence of COVID-19 cases in China , the country has been forced to impose frequent lockdowns, straining Apple’s production supply chain. Reputed Tianfeng International Securities analyst Ming-Chi Kuo’s latest report claims Apple is now working on an “action plan” to diversify its risks and shift production out of the country. It is no secret that Apple’s contract manufacturers, such as Foxconn, have been struggling with the frequent lockdowns in China over the last few months. During such lockdowns, these facilities need to halt production or regularly test workers for signs of infection. Apple successfully weathered two years of...