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Apple’s relocation of some of its production to Vietnam will help reduce the impact if the US-China trade war escalates.
The Foxconn company, which specializes in manufacturing products for Apple, moved part of the production line for tablets (iPads) and notebooks (MacBooks) from China to Vietnam on request, the Reuters news agency said. to avoid risks in China. This will be done from 11/26/2020.
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| This transfer was made at the request of Apple. |
Foxconn is building a production line for iPad and MacBook computers in Bac Giang and will come into operation in 2021. Foxconn has announced a new investment of $ 270 million in Vietnam. Taiwan-based companies such as Foxconn are also looking to move production outside of China to Vietnam, Mexico and India to hedge geopolitical risks. Some Airpods have been produced in Vietnam.
In 2021, the third generation Airpod is expected to be produced in Vietnam as well. Relocating some of the production to Vietnam will help reduce the impact if the US-China trade war worsens and may help sustain production, even under the new Biden administration. cool down stress.
L. Bang
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