Foxconn Says Trade War Denotes China Can No Longer Be ‘The World’s Factory’


Source: electronicsb2b.com electronicsb2b.com

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Despite the efficient administration goals set by Trump, China and United States would be losing manufacturers to other regions India is pushing ahead with a $6.6 billion investment to lure big tech into setting up a local production ecosystem Hon Hai is among Apple assembly partners that plan to expand operations in India As mentioned earlier, Apple and other tech giants have been planning to break its supply chain between the Chinese market and the U.S. This has led to the declaration that China’s time as factory to the world is finished of the trade war. Manufactures like Foxconn have...