Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr

Versuchen GOLD - Frei

Apple's Hotel California trap: It can check out but not leave

Mint Kolkata

|

June 09, 2025

The iPhone maker may shift its factories but can't really quit China

- Catherine Thorbecke

During US President Donald Trump's first term, he famously toured a Texas factory and claimed credit for bringing Apple production back to America. Except the plant had been running long before he took office. And it was an 'unmitigated fiasco.' Workers in China had to be flown in to help fix the mounting manufacturing problems encountered in the US heartland.

This telling anecdote from Apple in China, a gripping read by former Financial Times journalist Patrick McGee, shows how the tech giant became beholden to America's biggest geopolitical adversary. Up until this point, the book recounts how Apple flew engineers from California to China to train and collaborate with local workers to manufacture its most iconic products.

Now, it seems, the tables have irreversibly turned.

McGee argues that the technology transfer facilitated by Apple to China, via small decisions compounding over decades, ultimately made it the biggest corporate investor in 'Made in China 2025,' President Xi Jinping's bold plan to end reliance on Western technology. "Here was America's most famous tech giant volunteering to play the role of Prometheus, handing the Chinese the gift of fire," McGee writes.

WEITERE GESCHICHTEN VON Mint Kolkata

Mint Kolkata

Is geography destiny? Innovation can thrive anyway

Ever wonder why Germans seek perfection, Japanese pursue miniaturization and waste reduction, Americans are fussy about services and Indians settle for improvisation and what's good enough?

time to read

3 mins

January 23, 2026

Mint Kolkata

AI accessibility: We need to clearly define what it means

As the world approaches the India AI Summit 2026 , the conversation on AI has evolved beyond algorithmic efficiency to encompass the more significant issues of digital sovereignty and ethics.

time to read

3 mins

January 23, 2026

Mint Kolkata

Eternal enters post-founder leadership transition phase

Analysts flag leadership transition risks, calling the move a short- to medium-term net negative for the stock

time to read

2 mins

January 23, 2026

Mint Kolkata

Mint Kolkata

Sisyphean challenge: Can China reverse its demographic decline?

The prognosis is grim for multiple reasons and even heavy-handed policies can hardly hope to defy global fertility patterns

time to read

3 mins

January 23, 2026

Mint Kolkata

Apple seeks relief from CCI scrutiny

Apple has asked an Indian court to stop the country’s antitrust watchdog from seeking its global financial records as part of an investigation into its app store policies, while it challenges the underlying law’s validity, court papers show.

time to read

1 min

January 23, 2026

Mint Kolkata

Mint Kolkata

Air India braces for record $1.6 bn loss after deadly crash

Air India Ltd is set to report a record annual loss after last year's deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with the matter.

time to read

1 min

January 23, 2026

Mint Kolkata

Global PE giants eye IPL champions RCB

Blackstone, Temasek weigh bids; deal may value RCB at $1.4-1.8 bn

time to read

1 min

January 23, 2026

Mint Kolkata

Bonds rally third day on RBI buying

I ndian government bonds gained for a third straight session on Thursday as traders grew more confident of central bank buying support and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Mint Kolkata

Mint Kolkata

WHY INDIA NEEDS TO RETHINK ITS WAR CHEST

FDI drain is emerging as a silent threat to India's foreign exchange reserves. How can the leak be plugged?

time to read

6 mins

January 23, 2026

Mint Kolkata

Mint Kolkata

Banks, economists press for liquidity as MPC meet nears

In a pre-policy interaction with the Reserve Bank of India (RBI), economists and market participants broadly converged on one message: the central bank should focus on easing liquidity in the banking system rather than cutting interest rates, two economists and two treasury officials told Mint.

time to read

1 mins

January 23, 2026

Listen

Translate

Share

-
+

Change font size