Technology

Foxconn to move some production of iPads and MacBooks to Vietnam

Foxconn Technology Group will move the manufacturing of some Apple iPads and MacBooks to Vietnam from China, an individual accustomed to the matter mentioned, as the corporate goals to mitigate the chance {that a} commerce battle with the US might proceed after US President Donald Trump leaves the White House.

The individual requested not to be recognized as a result of the plans are nonetheless personal. The firm, whose formal title is Hon Hai Precision Industry Co., is constructing meeting strains for Apple’s pill and pocket book merchandise at its plant within the northern Vietnamese province of Bac Giang, which can come on-line within the first half of 2021, Reuters reported earlier Thursday, citing an unidentified individual accustomed to the plan.


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Apple didn’t instantly reply to an electronic mail looking for remark. Foxconn mentioned in a press release it doesn’t touch upon its work for particular prospects.

During the Trump period, many producers have been shifting production capability from China to nations together with Vietnam, Mexico and India to keep away from being slapped with punitive tariffs and to hedge towards geopolitical dangers.

Apple’s companions have ramped up iPhone production capability in India, and firms that assemble AirPods have added some meeting strains in Vietnam.

Foxconn introduced $270 million of new investments earlier this week, which an individual accustomed to the corporate’s operations mentioned was for Vietnam.

© 2020 Bloomberg

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