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Apple is Warning their Suppliers to follow China's rules on 'Taiwan' Labeling while expanding iPhone production in India

According to a new report this morning, Apple Inc has asked suppliers to ensure that shipments from Taiwan to China strictly comply with Chinese customs regulations after a recent visit by House of Representatives Speaker Nancy Pelosi to Taipei ...
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Peloton to stop in-house manufacturing to cut costs

Peloton Interactive Inc shares rallied up to 6.8 percent on Tuesday after announcing plans to cease in-house production and rely solely on partners for production, marking one of the exercise equipment company’s most dramatic steps yet to simplify its operations and reduce costs. The move is an about-face from Peloton’s strategy over the past three years, when it split manufacturing between its own facilities and partners. The company built a portion of its standard Bike models and the highe...
New York United States T Ai Pei Walnut Creek John Foley Barry Mccarthy

Peloton, after abandoning Ohio factory plan, will stop in-house bike production as part of turnaround

From Bloomberg: The move is an about-face from Peloton's strategy over the past three years, when it split manufacturing between its own facilities and partners. The company previously canceled a plan to build its equipment near Toledo, but now it's walking away from in-house production altogether.
John Foley Barry Mccarthy Andrew Rendich Peloton Interactive Inc Rexon Industrial Corp Quanta Computer Inc

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