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RSS FeedsApple supplier Foxconn splitting supply chain due to trade war pressures
(iMore iPhone)

 
 

12 august 2020 13:22:26

 
Apple supplier Foxconn splitting supply chain due to trade war pressures
(iMore iPhone)
 


Foxconn says China`s `days as the world`s factory are done.` What you need to know Apple`s main supplier is making huge changes to its operation. Foxconn says it will split its supply chain between the Chinese market and the U.S. It is gradually adding capacity outside of China. Major Apple supplier Foxconn says it is making huge changes to its supply chain, and that China`s days as `a factory to the world` are finished. According to Bloomberg: A key supplier to Apple Inc. and a dozen other tech giants plan to split its supply chain between the Chinese market and the U.S., declaring that China`s time as factory to the world is finished because of the trade war. The company`s chair Young Liu said it was `gradually adding more capacity outside of China` and that the proportion of offshore manufacturing had risen from 25% to 30%. Foxconn says it has more plans to move manufacturing to Southeast Asia and other regions, in order to avoid tariffs driven up by the US-China trade...


 
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