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Major electronics manufacturers prepare for a trade war
From iPhones to computers, the manufacturing powerhouses behind much of the world’s electronics are preparing to move chunks of production away from China and toward such locales as Eastern Europe, Mexico and Southeast Asia.
Foxconn Technology Group Chairman Terry Gou -- who became a billionaire by dint of making Apple Inc.’s gizmos -- started the ball rolling when he opened a $10 billion display plant in the heart of America, a move that now seems prescient.
[Bloomberg]
From iPhones to computers, the manufacturing powerhouses behind much of the world’s electronics are preparing to move chunks of production away from China and toward such locales as Eastern Europe, Mexico and Southeast Asia.
Foxconn Technology Group Chairman Terry Gou -- who became a billionaire by dint of making Apple Inc.’s gizmos -- started the ball rolling when he opened a $10 billion display plant in the heart of America, a move that now seems prescient.
[Bloomberg]