APPLE LOOKS TO DITCH CHINA – After workers protested the working conditions in a Foxconn-run factory in Zhengzhou, China that males Apple iPhones, Apple Inc announced plans to phase out “some” of its production in China to other countries (such as India). The announcements are suspected to indicate not JUST that Apple is reducing its presence in China, it’s working to phase out of China completely, but won’t telegraph this so long as they have assets in China which could be seized in response.
