Moving iPhone production from China to the United States could increase manufacturing costs by up to 90%, analysts at Bank of America warned on Wednesday (via Bloomberg).
According to BofA analysts led by Wamsi Mohan, shifting iPhone assembly to America is technically possible, however it would dramatically increase production expenses and create logistical complications.
“iPhone cost can increase 25% purely on higher labor cost in the U.S.,” the analysts wrote in a note to clients. They explained that even if Apple finds domestic workers for final assembly, a “significant portion” of iPhone components would still need to be manufactured in China and imported to the States.
Read more at MacRumors.com