[$$] Apple supplier raises fears over US-China trade spat
Edward White in Taipei
Share
One of the biggest suppliers of iPhone components has warned that the US-China trade dispute could upset the Apple supply chain.  “It is a new challenge and it is something that I have not had to face in the past, but my successors will have to face that risk,” said Morris Chang, founder and outgoing chairman of Taiwan Semiconductor Manufacturing, which supplies processor chips for the iPhone.  their $337bn bilateral trade deficit by $200bn by 2020, reduce tariffs and cut subsidies for emerging industries, a move that followed weeks of escalating threats of tariffs between the world’s two largest economies.

One of the biggest suppliers of iPhone components has warned that the US-China trade dispute could upset the Apple supply chain.  “It is a new challenge and it is something that I have not had to face in the past, but my successors will have to face that risk,” said Morris Chang, founder and outgoing chairman of Taiwan Semiconductor Manufacturing, which supplies processor chips for the iPhone.  their $337bn bilateral trade deficit by $200bn by 2020, reduce tariffs and cut subsidies for emerging industries, a move that followed weeks of escalating threats of tariffs between the world’s two largest economies.

[$$] Apple supplier raises fears over US-China trade spat

Warren Buffett said he would be happy if his conglomerate Berkshire Hathaway Inc owned more than 5 percent of Apple Inc's stock, including if the iPhone maker bought back more of its shares.  Buffett made his assessment before tens of thousands of Berkshire shareholders attending the conglomerate's annual meeting on Saturday in Omaha, Nebraska.  It came two days after Buffett revealed having bought 75 million additional Apple shares, and four days after Apple said it may buy back $100 billion of stock.

Buffett owns 5 percent of Apple. He'd like to own more

Billionaire Warren Buffett  has been buying a boatload of Apple Inc shares and on  Saturday suggested he would buy even more shares at the right  price.  At Berkshire Hathaway Inc's annual shareholder  meeting, Buffett credited Apple with developing "extremely  sticky" products to which consumers become attached and endorsed  Apple's decision to buy back its own stock, saying it was the  technology company's most productive use of cash.