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Outsourcing can benefit businesses of all industries and sizes, especially during challenging times. It can be easy to assume that Apple does this to save up on laborcosts, since labor tends to be cheaper in other countries. With the right partner, even startups and SMEs can successfully outsource overseas.
Rising LaborCosts in China. China’s wages have increased multifold since 2011, resulting in a minimum wage difference of up to 50% compared to countries such as Indonesia and parts of India. They are able to quickly adapt and put out exciting product ranges at the right prices and right time like never before.
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