Foxconn to move part of production to Vietnam

Foxconn to move part of production to Vietnam
At the request of Apple, Foxconn is moving part of the production of iPad tablets and MacBook laptops from China to Vietnam. This was reported to Reuters by a person familiar with Foxconn's plans. So Apple is trying to diversify production to minimize the impact of the Sino-American trade war.

Us companies are being encouraged to move production out of China by the us presidential administration, which is trying to stifle the Chinese electronics industry by raising import duties and restricting the supply of components made using us technology, under the pretext of national security concerns. Taiwanese manufacturers, fearing involvement in a trade war, have already moved or are considering moving some of their production from China to countries such as Vietnam, Mexico and India.

According to an anonymous informant, Foxconn is building Assembly lines for Apple iPad tablets and MacBook laptops at its factory in northeast Vietnam. Production will be launched in the first half of 2021. Some orders from China will be transferred to these lines.

Taiwan-based Foxconn declined to comment on the report, but this week it announced $ 270 million to set up a new subsidiary in Vietnam, FuKang Technology. According to unofficial data, Foxconn also plans to produce TVs in Vietnam by order of Sony. Their release may begin at the end of this year or at the beginning of the future.
Views: 12 |
Total comments: 0
avatar