Production of Apple iPhones bound for the U.S. could be shifted out of China should the trade war between the U.S. and Beijing continue to escalate, a senior executive at Foxconn said Tuesday.
The comments from the Taiwan-based company, which boasts Apple as its biggest customer, come after President Trump threatened to impose additional tariffs on $300 billion in products from China, where many Apple smartphones and devices are made.
Twenty-five percent of our production capacity is outside of China, and we can help Apple respond to its needs in the U.S. market,We have enough capacity to meet Apple’s demands in the U.S. market.
Young Liu, head of Foxconn’s semiconductor division, said during the company’s first investor conference in Taipei, according to reports.
Liu said the trade war between the U.S. and China “will have some impact, but it will be limited.” Foxconn has the manufacturing capacity outside of China to support Apple if it needs to move its production lines away from the country because of the trade dispute, he said.
The company is considered the world’s largest contract electronics manufacturer and has facilities in countries including the U.S., Australia, Brazil, Mexico, Japan, and Indonesia, among others.Read More
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