Thursday, June 13, 2019

Tariffs are forcing Big Tech to move production out of China | Engadget

On a related note, see ‘My Peter’: Rising influence of controversial Trump trade adviser Navarro concerns his critics | Washington Post, which notes "Navarro’s ascension is frightening his critics, who have derided him as an ideologue who doesn’t let facts get in the way of his agenda, while cheering supporters of the president eager for Trump to emphasize his nationalist agenda ahead of his 2020 reelection campaign."
"In response to the Trump administration's trade war with China, major tech companies are preparing to relocate key manufacturing operations. According to Bloomberg, Google is moving production of its US-bound Nest thermostats and motherboards to Taiwan. The Wall Street Journal reports that Nintendo is shifting at least some production of its Switch console to Southeast Asia. At the same time, China has allegedly warned companies that they will face permanent consequences if they cooperate with Trump administration trade restrictions.
[...]
Some companies are better prepared than others to shift out of China if necessary. Apple Inc. partner Foxconn Technology Group said it would be able to manufacture all US-bound iPhones outside of China if it were forced to do so. Wistron Corp., a company that makes servers for Facebook and Microsoft, is reportedly looking to shift some production away from China, though it hasn't shared specifics."
Tariffs are forcing Big Tech to move production out of China | Engadget

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