25-April-2024
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Sino-US trade war: Foxconn to shift some Apple production from China to Vietnam
28-Nov-2020

Apple is planning to diversify its location of facilities to reduce the impact of Sino-U.S trade war. Hence Foxconn that manufactures iPads and other Apple devices is planning to shift its assembling facilities from China to Vietnam at Apple Inc request, said a person close to the development. According to a report by Reuters, Foxconn is building assembling facilities for Apple tabs and MacBooks at a plant in Bac Giang province, northeast of Vietnam. The plant will come online in the first half of 2021. The informer who did not want to be identified also said that the assembly line in Vietnam will also take some production from China without elaborating on how much. The development comes as over the outgoing Donald Trump administration pressing US firms to shift production facilities from China to other Asian countries.

News Source:- https://www.financialexpress.com/industry/technology/sino-us-trade-war-foxconn-to-shift-some-apple-production-from-china-to-vietnam/2138140/