Bloomberg Intelligence: Apple moving just 10% of its production capacity out of China, where ~98% of iPhones are made, would take around eight years (Bloomberg)

Kyle Wiggers / TechCrunch:
Altana, which uses AI to find supply chain anomalies and identify potential risks and bad actors, raised a $100M Series B, bringing its total funding to $123M  —  Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows.

Dina Bass / Bloomberg:
Microsoft unveils Supply Chain Center software in preview to help customers track supply chains by combining data from its own programs plus Oracle and others  —  Microsoft Corp. unveiled software that will help customers track and coordinate supply-chain systems by combining data …

Wall Street Journal:
A look at Apple’s efforts to reduce dependence on Foxconn; sources: Apple wants other suppliers in China, Vietnam, and India to actively plan product assembly  —  Burned by Covid lockdowns and worker protests at Foxconn plants, the iPhone maker is looking to diversify the supply chain that has powered its growth

Bloomberg:
Sources: Apple tells suppliers to pull back from efforts to increase supply of iPhone 14 models by ~6M units in H2 2022, aiming for 90M units, on par with 2021  —  Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize …

Reuters:
Source: Foxconn expects its COVID-hit Zhengzhou plant to resume full production around late December to early January, but uncertainties remain  —  Apple supplier Foxconn (2317.TW) expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January …

Kyle Wiggers / TechCrunch:
Ox Security, which helps companies improve software supply chain security, raised a $34M seed from Microsoft’s M12 and others, and says it has 30 customers  —  The rise in software supply chain attacks, like the SolarWinds hack, prompted last year’s executive order from the Biden Administration …