Apple’s iPhone assembler has $100 million of ‘indirect exposure’ to Silicon Valley Bank collapse

MacDailyNews
Mar 15, 2023, 12:02 pm559 ptsTrending
Apple’s main iPhone assembler has indirect exposure to Silicon Valley Bank’s meltdown of about $100 million, joining the ranks of finance and tech firms shaken by the bank’s collapse. Debby Wu for Bloomberg News: Taiwan’s Hon Hai Precision Industry Co. parked capital with investment funds that in turn…

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