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When Apple's Tim Cook Revealed The Real Reason iPhones Are Made In China—And It's Not 'Low Labor Costs': 'China Stopped Being A Low-Wage Country Years Ago'

Summary

Apple Inc. (NASDAQ: AAPL) CEO Tim Cook previously explained the company's decision to continue manufacturing its products in China, refuting the widespread belief that it's due to low labor costs.

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Article published on April 14, 2025 by benzinga