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

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 funneled money into startups that banked with the California lender, Chairman Young Liu said. It’s now going through its books carefully but anticipates minimal impact s