Members of the Home Choose Committee on the Chinese language Communist Occasion – which is specializing in a variety of US issues about China’s actions and plans – shall be assembly with various main tech execs, together with Apple CEO Tim Cook dinner.
The assembly between Cook dinner and the 10-member bipartisan delegation is ready to happen on Friday, doubtless at Apple Park …
Matters will vary from China’s management of uncommon earth minerals by way of its stranglehold on the patron electronics provide chain to its human rights document.
CNN studies.
Members of a Home panel centered on US-China competitors are set to satisfy with leaders from Silicon Valley and Hollywood throughout a multi-day tour of California starting at the moment, in line with a supply near the committee.
The [delegates plan] to satisfy with high execs from Google, Microsoft, Apple and Disney, amongst others, to debate matters starting from China’s investments in synthetic intelligence to its cultural and human rights document; its impression on provide chains; and its objectives for protection and different rising applied sciences, the supply mentioned.
The target is claimed to be for Congress to precise its issues in regards to the actions and intentions of the Chinese language Communist Occasion, and particularly to emphasize the dangers to the US of extreme dependence on China as each a producing heart and a big buyer base.
“This committee was set as much as construct out the bipartisan consensus on the CCP and the actions we have to take to defend ourselves,” the supply mentioned. “[The goal is to] make them conscious of what’s taking place to allow them to equip themselves as acceptable.”
In Apple’s case, there’s little have to make the corporate conscious of the dangers it’s working by way of its monumental dependence on China. It’s been estimated that some 80% of the world’s iPhones are made in a single Foxconn plant in Zhengzhou, colloquially generally known as iPhone Metropolis.
The vulnerability this creates was made crystal clear when there was an outbreak of COVID-19 inside the campus itself. Employees complained of a scarcity of meals and medicine, and important numbers selected to get away of the plant and return to their dwelling cities. Subsequent bonus presents had restricted impact, and failure to pay them led to violent protests. Makes an attempt to appease staff with compensation noticed greater than 20,000 staff go away. The incident was estimated to have value Apple a billion {dollars} per week.
India is seen as Apple’s primary hope on the subject of relocating manufacturing outdoors of China. A report final 12 months steered that 1 / 4 of all iPhones may very well be made in India by 2025, and a later one indicated that this might rise to half of all iPhones by 2027. A brand new Foxconn plant in India is reportedly set to be half the dimensions of China’s iPhone Metropolis.
We realized yesterday that Apple has created tiger groups to reexamine its whole provide chain, proper right down to the extent of screws and plastic inserts. The dual objectives are to diversify from China, and guarantee backup suppliers for each part.
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