
Shareholders of Apple have reportedly rejected a proposal that would require the company to report its dependence on China.
According to a report from Reuters, the iPhone maker’s shareholders on Tuesday rejected the proposal that would have the company report how much it relies on China to manufacture its products.
The company has also said earlier in the day that it would shift some assembling of its Mac Mini computers to the U.S. later in 2026 to meet domestic demand, as per the report.
Shares of AAPL were up 2.5% at the time of writing.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.