As the weekend comes to a close, let’s take a look at the top stories that made headlines in the business world.Microsoft, Google, Amazon To Shift Majority Of New Product Production Outside China By 2026Microsoft Corp. (NASDAQ:MSFT) is reportedly planning to move the majority of its new product manufacturing out of China by next year. This move is part of a larger trend among U.S. tech giants to diversify production outside of China.The software giant aims to relocate the production of its Surface laptops a ...

Group 1 - Tim Cook is visiting China to promote Apple's iPhone 17 lineup while also engaging in political discussions [2][3] - Apple is diversifying its production away from China, influenced by lessons learned from COVID-19 lockdowns and tariffs [3][4] - Cook has promised new investments in China, although specific details were not provided [3] Group 2 - Apple is lobbying to change a tax law in China to gain benefits on manufacturing equipment [4] - Upcoming products, including a new security camera and tablet, will be manufactured in Vietnam [4] - Apple plans to shift as much production as possible for US-bound iPhones to India, which is progressing well [5] Group 3 - Analysts estimate that only about 9 million iPhones destined for the US will come from China this year [6] - Other products like Macs, watches, and AirPods are already being produced in Vietnam [6] - New MacBooks, iPad Pro, and Vision Pro have been announced with a faster chip called M5 [6]