A significant shift in manufacturing from China to Taiwan, which Beijing views as part of its territory may also exacerbate tensions between the two governments. FMTNews China Apple
Hon Hai, the main listed arm of the Foxconn Technology Group, is today the largest private employer in China, paying as many as a million mostly migrant labourers to put together everything from iPhones to HP laptops.
Gou, who stepped down as Hon Hai chairman Friday to focus on winning a party nomination to compete in the 2020 Taiwanese presidential elections, had run a company that depends on Apple for half its revenue. It’s unclear how much capacity Gou may have been referring to, nor how feasible a large-scale move — for Hon Hai or any other Apple supplier – may be.
The Taiwanese firms that assemble most of the world’s electronics are now expanding or exploring plants in Southeast Asia and elsewhere to escape punitive tariffs on US-bound goods. But the vast majority of their capabilities remain rooted in China. The Nikkei reported this week that Apple asked its largest suppliers to consider the costs of shifting 15% to 30% of its output from China to Southeast Asia, but three major partners to the US company later pushed back against that idea.
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