Apple Orders Foxconn To Shift Some MacBook and iPad Production From China To Vietnam

[SuperStar20]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

According to sources cited by Reuters, Foxconn, formally known as Hon Hai Precision Industry, has been ordered by Apple to shift some iPad and MacBook production lines to Vietnam from China.

Foxconn is building assembly lines for Apple's iPad tablet and MacBook laptop at its plant in Vietnam's northeastern Bac Giang province, to come online in the first half of 2021, the person said, declining to be identified as the plan was private.
The lines will also take some production from China, the person said, without elaborating how much production would shift.
"The move was requested by Apple," the person said. "It wants to diversify production following the trade war." -Reuters

Foxconn was not at liberty to discuss "company policy and for reasons of commercial sensitivity" behind the shift in production lines.
The Nikkei recently learned that Foxconn is set to invest $270 million into new production facilities in Vietnam.
Amid President Trump raising tariffs and hurling Twitter threats at China - Apple has taken steps to add geographic diversity to its supply chain in China. Apple suppliers in Vietnam already manufacture the company's AirPods and AirPods Pro.
Other Apple suppliers, such as Pegatron and Compal Electronics, "are also considering building plants in Mexico," the source continued. Companies continue to reduce reliance on China as they diversify supply chains.

In August, Foxconn Chairman Liu Young-way told investors that Trump's trade war had fractured the world into two - indicating his firm had to develop "two sets of supply chains."
Even with Trump upending decades of American trade policy in four years - the lasting effects are starting to be realized.

Despite that rhetoric of a Biden presidency would mean China would "own America" - and in some respects they already do - messaging from the Biden camp suggests they would continue the tough approach on Beijing.

 

[Globenim]

Repost of this unconfirmed rumor from an anonymous source, just parotted by some dumb blog with hyperbolic and fake headlines to pander to even lower IQ retards than that US propaganda paper Reuters does.

Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk

FILE PHOTO: A man walks past an Apple store in Taipei, Taiwan, Oct. 20, 2020. REUTERS/ANN WANG/FILE PHOTO FILE PHOTO: A sign of Foxconn is seen inside its office building in Taipei, Taiwan Nov. 12, 2020. REUTERS/ANN WANG/FILE PHOTO TAIPEI (Reuters) - Foxconn is moving some iPad and MacBook...

defence.pk

 

[SuperStar20]

Same thread just parotted by some dumb blog pandering to low IQ retards with hyperbolic headlines making up shit that never happend.

Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk

FILE PHOTO: A man walks past an Apple store in Taipei, Taiwan, Oct. 20, 2020. REUTERS/ANN WANG/FILE PHOTO FILE PHOTO: A sign of Foxconn is seen inside its office building in Taipei, Taiwan Nov. 12, 2020. REUTERS/ANN WANG/FILE PHOTO TAIPEI (Reuters) - Foxconn is moving some iPad and MacBook...

defence.pk

hurt

 

[Journeyman]

The world's largest electronic consumer producers are samsung and Apple. Samsung already has their phone plants in Vietnam with over 100,000 workers. Recently, Samsung heir came to Vietnam to explore further expansion. Now, Apple is coming; this will be huge for the economy of Vietnam.

 

[Globenim]

hurt

You are welcome, kiddo.

 

[Kai Liu]

Apple wants Foxconn to go to vn rather than india, although both vn and india are dirt cheap slave labors, with indians being even dirtier and cheaper...
Such a sad article for indians posted by an indian...LMAO...

 

[CAPRICORN-88]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

According to sources cited by Reuters, Foxconn, formally known as Hon Hai Precision Industry, has been ordered by Apple to shift some iPad and MacBook production lines to Vietnam from China.

Foxconn was not at liberty to discuss "company policy and for reasons of commercial sensitivity" behind the shift in production lines.
The Nikkei recently learned that Foxconn is set to invest $270 million into new production facilities in Vietnam.
Amid President Trump raising tariffs and hurling Twitter threats at China - Apple has taken steps to add geographic diversity to its supply chain in China. Apple suppliers in Vietnam already manufacture the company's AirPods and AirPods Pro.
Other Apple suppliers, such as Pegatron and Compal Electronics, "are also considering building plants in Mexico," the source continued. Companies continue to reduce reliance on China as they diversify supply chains.

In August, Foxconn Chairman Liu Young-way told investors that Trump's trade war had fractured the world into two - indicating his firm had to develop "two sets of supply chains."
Even with Trump upending decades of American trade policy in four years - the lasting effects are starting to be realized.

Despite that rhetoric of a Biden presidency would mean China would "own America" - and in some respects they already do - messaging from the Biden camp suggests they would continue the tough approach on Beijing.

Order Foxconn???

 

[FairAndUnbiased]

Samsung expands semiconductor plant in China while moving dirty cheap manual labor to Vietnam and India.

Win win situation. Indians and Vietnamese get the "manufacturing" jobs they want, Chinese get the manufacturing jobs we want.

 

[S10]

In other news, Apple drops to #4 spot on world's largest smartphone makers list, replaced by Xiaomi.

Xiaomi Passes Apple to Become Third Largest Smartphone Maker

Samsung took the top spot, with Huawei coming in second and Xiaomi in third.

www.makeuseof.com

Seems like companies love moving to Vietnam after losing market share.

 

[WebMaster]

In other news, Apple drops to #4 spot on world's largest smartphone makers list, replaced by Xiaomi.

Xiaomi Passes Apple to Become Third Largest Smartphone Maker

Samsung took the top spot, with Huawei coming in second and Xiaomi in third.

www.makeuseof.com

Seems like companies love moving to Vietnam after losing market share.

Who moved to Vietnam previously after losing market share?

 

[S10]

Who moved to Vietnam previously after losing market share?

LG and Sony are two recent examples.

 

[Ali_Baba]

The key story here, is when there is a change, India is not benefitting from it. Vietnam is ...

 

[xuxu1457]

Apple tried to diversify its manufacturing base a decade ago, but it never succeeded till now.

The difficulties encountered in other countries are beyond imagination.

 

[Chhatrapati]

The key story here, is when there is a change, India is not benefitting from it. Vietnam is ...

You wish.