The iPhone 6 has been big news for consumers, who are anxious to get their hands on the newest tech toys and are debating the value of a larger screen size. In fact, the product introduction broke all records, with pre-orders hitting 4 million units in 24 hours.
However, the effort that went into putting out the newest Apple product, from idea and design into actual end product, is a fascinating supply chain story. This single product has the potential to impact the economies of entire nations. For example, the iPhone 6 release may increase Japan's electronics exports by 5% and Taiwan's by 8.6%, according to a recent infographic from CompareCamp.com.
What about the United States? Rumors have abounded about an iPhone made in the USA. The infographic provides some interesting statistics on that:
- Bringing iPhone manufacturing to the US would cost Apple $4.2 billion.
- A US-assembled iPhone would cost only $4 more than the current globally manufactured product.
- Though the iPhone 6 is mainly assembled in China, Apple supports almost 600,000 jobs in the US.
- The Chinese spent more than $1 billion on iPhone 6 assembly machines purchased in Japan.
Clearly, the US plays its part in the Apple supply chain, with design, development, sourcing, warehousing, and distribution all occurring there. However, manufacturing is planted firmly in China.
What can Apple's global supply chain teach other global manufacturers? Is an iPhone made in the USA important to consumers? Let us know what you think in the comments section below.
— Hailey Lynne McKeefry, Editor in Chief, EBN