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A trade war with the US hurt China

admin by admin
August 14, 2020
in IT news
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A trade war with the United States hurt Cityserve Dragun | 14.08.2020

Due to the new protective tariffs, Foxconn is forced to endure the supply chain in other industrial centers of the world.

The company reported that in each region she will have her own production ecosystem, regardless of whether it’s India, Southeast Asia, or the Americas. China is yet to play
a key role in the production, but his time as a world factory, are numbered.

The transfer of production Foxconn in other countries indicates a seismic shift in technology industries worldwide. For two decades, IT companies have focused their supply chain and
production in China and around him.

That all changed with the presidency of Donald trump. He used tariffs and other international trade instruments to exert pressure on China. Many critics of trump saying his steps
harm American businesses and increase prices for products. Apple lobbied the idea of exclusion of their devices from the imposition of tariffs. This did not happen — the company will not receive tariff discounts
on details for the Mac Pro, made in China.

Foxconn is the world’s largest OEM contract-manufacturer of electronics in the world. The company makes gadgets and accessories for Canon, Sony, Nintendo, Microsoft, Amazon, Intel, Cisco, Dell,
HP. Apple is the most famous Apple, for which Foxconn produces products.

electronics contract manufacturing

Foxconn

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