Analysis-Apple supply chain data shows receding exposure to China as risks mount

By Josh Horwitz SHANGHAI (Reuters) - Apple Inc's wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company supply chain data shows. With the world's biggest iPhone factory, operated in central China by Foxconn, battling production shortfalls and labour unrest spurred largely by Beijing's harsh virus containment policies, analysts expect the risks - and Apple's retreat - to accelerate. A Reuters analysis of Apple's supply chain data shows China's prominence in the company's global manufacturing is declining: I...