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Companies Begin to Move Manufacturing Out of China Amid Tariff Threats and Implementation

Amid the threats and implementation of Chinese tariffs, more companies consider moving operations out of China. According to Supply Chain Dive, companies like Apple and Nintendo have plans to move production to Southeast Asia from China. The fourth list of Chinese tariffs will likely be approved halfway through the month of June, impacting Apple and Nintendo's use of cheap Chinese labor.

The bulk of Nintendo's manufacturing remains in China, but with the company set to make updates to its latest console during the latter half of 2019, Nintendo has already started some of its production in Southeast Asia.

"We are totally capable of dealing with Apple's needs to move production lines if they have any," Young-Way Liu, the head of Foxconn Technology Group's semiconductor business group, said during an investor meeting.

—Christie Citranglo, editorial associate 

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Thursday, 28 March 2024

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