Don't read too much into reports about Luxshare moving to the US
A quote from the CEO of Luxshare is firing up speculation that AirPods production will move to the US, but the scaffolding of the statement is too flimsy to hold the weight of the guesswork.

Luxshare's existing US office near Apple Park — image credit: Apple Maps
Despite Apple's costs doubling and its valuation dropping by more than the entire value of Walmart, everything is fine because AirPods maker Luxshare is looking at moving to the US. This is the sign that firms will come to their senses and move manufacturing to America, and Apple will follow.
Only, it isn't a sign at all, because this news is less about Luxshare and more revealing of how volatile, and frankly desperate, the situation has become for businesses. The market has been frantically responding to any good news, or at points even just rumors of potential good news some day.
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Luxshare's existing US office near Apple Park — image credit: Apple Maps
Despite Apple's costs doubling and its valuation dropping by more than the entire value of Walmart, everything is fine because AirPods maker Luxshare is looking at moving to the US. This is the sign that firms will come to their senses and move manufacturing to America, and Apple will follow.
Only, it isn't a sign at all, because this news is less about Luxshare and more revealing of how volatile, and frankly desperate, the situation has become for businesses. The market has been frantically responding to any good news, or at points even just rumors of potential good news some day.
Continue Reading on AppleInsider | Discuss on our Forums