''New iPad made in China for access to rare earth materials''

From MIS Asia

"The reason Apple makes its iPad in China is not just because of cheap labour, but also because rare earth elements used in the tablet can only be found there, according to reports.

The New York Times reports that China currently controls 95-97 per cent of the world's supply of the rare earth materials that Apple uses to make the iPad, and China's decision to cut export quotas has caused prices of the materials to rapidly increase."

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