Essayer OR - Gratuit
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
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.
Cette histoire est tirée de l'édition June 09, 2025 de Mint Kolkata.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Kolkata
Mint Kolkata
For a weakened Zelensky, yielding to Trump is riskier than defiance
Buffeted by a corruption scandal that has sparked fury across Ukraine, President Volodymyr Zelensky is in political trouble at home, weaker than at any point since the full-scale Russian invasion of his country began nearly four years ago.
5 mins
November 25, 2025
Mint Kolkata
Tesla vs Tesla: HC grants protection to Musk’s company
The Delhi High Court on Monday granted interim protection to Elon Musk-led Tesla Inc. in its trademark infringement case with Gurugram-based Tesla Power India Pvt. Ltd.
1 mins
November 25, 2025
Mint Kolkata
AI bond flood adds to market pressure
their hype; even a ratings downgrade can hurt returns, let alone a default.
3 mins
November 25, 2025
Mint Kolkata
What went into quadrupling Jio Payments Bank's footprint
Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.
2 mins
November 25, 2025
Mint Kolkata
Govt plans reform push in winter session
The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.
1 mins
November 25, 2025
Mint Kolkata
Page Industries scouts for missing piece of comeback puzzle
Page Industries Ltd has been struggling with muted growth.Its thrust on operational efficiencies, calibrated distribution expansion and new product launches is yet to reignite the dwindling investor faith.
1 mins
November 25, 2025
Mint Kolkata
SIM misuse risk falls on users
Mobile subscribers may be held liable if a SIM card procured in their name is found to have been misused for cyber fraud or other illegal activities, an official statement said on Monday.
1 min
November 25, 2025
Mint Kolkata
How online bond platforms are powering retail investor interest
Lowering the minimum bond investment from %1 lakh to 710,000 has opened the market to first-time investors
4 mins
November 25, 2025
Mint Kolkata
SC clears Sandesarass after ₹5,100-crore settlement deal
Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case
3 mins
November 25, 2025
Mint Kolkata
Vibe coding: Make way for intuition-driven software
New jargon emerges regularly in the world of software development. Most terms vanish quickly, but ever so often, a term bubbles up from the cultural stew and goes mainstream—not because it introduces a breakthrough technology, but because it captures a shift in how people think about software development. ‘Vibe coding’ is one such phrase. It’s a term that reveals more about the future of programming than its whimsical name suggests.
3 mins
November 25, 2025
Listen
Translate
Change font size

