Foxconn et al to move iPhone assembly as China is no longer ‘the world’s factory’
Tech firms are expanding their manufacturing base to India, Southeast Asia or the Americas, hastened by the US-China tech face-off
Taipei — A key supplier to Apple, and a dozen other tech giants, plans to split its supply chain between the Chinese market and the US, declaring that China’s time as factory to the world is finished because of the trade war.
Hon Hai Precision Industry chair Young Liu said it’s gradually adding more capacity outside China, the main base of production for gadgets from iPhones to Dell desktops and the Nintendo Switch. The proportion outside the country is now at 30%, up from 25% last June...