Resurrected from Apple’s Execution: Chinese Supplier Rises from the Ashes!
In 2019, Huawei faced suppression from the United States, leading to a decline in smartphone sales. Apple became dominant in the high-end market. Chinese suppliers relying on Apple suffered, as their orders determined their survival. Apple shifted its supply chain to Southeast Asia, cutting off Chinese companies, causing significant financial losses. OFilm and GoerTek were among the affected companies, experiencing massive profit drops and stock price declines.
CCTV issued a public warning, urging supply chain companies to diversify and break free from “Apple dependence.“ Apple’s aggressive order volume for the iPhone 15 chip indicated its intention to exploit Chinese consumers after Huawei’s decline. Surprisingly, Huawei launched the Mate60 series, attracting attention and creating predictions of high shipment volume and value. Expelled Apple supply chain companies started receiving orders from Huawei, leading to hiring and expansion. Reports indicated higher wages in Huawei’s contract factories compared to Apple’s.
OFilm became a supplier for the Huawei Mate60 series, expanding its workforce in preparation. GoerTek became a contract manufacturer for Huawei’s Star Flash earphones. Suppliers once squeezed by Apple revived, with Shenzhen O-film Tech doubling orders and creating job opportunities. Huawei’s comeback liberated the industry chain, resurrected struggling companies, and generated billions in industrial output value. In 2022, China imported a significant number of chips, particularly for smartphones.
“China Focus“ is a YouTube channel created to provide current events and pop culture headlines from you can get to know a more real China through my video. |
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