Bank of America analysts say that moving iPhone production from China to the U.S. could increase manufacturing costs by up to 90%, reports Bloomberg (a subscription is required to read the article).
Such a move is technically possible. However, Bank of America analysts say it would drastically increase production costs and result in logistical complications.
“iPhone cost can increase 25% purely on higher labor cost in the U.S.,” the Bank of America analysts told clients. They said 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 U.S.
