Apple will find it increasingly difficult to fully manufacture iPhones in America, believes Bank of America. In a fresh analyst note released today, BofA outlines that Apple can most likely assemble its iPhones in America, but the smartphone’s supply chain complexity means that the smartphone’s sub-assemblies will likely have to be imported into the US. Apple will take years to develop a domestic iPhone supply chain, says BofA, as it keeps a $250 price target for Apple and a Buy rating for the firm. Apple Unlikely To Shift iPhone Manufacturing To US, Says Bank of America Apple’s shares underwent a […]
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