Key Apple Supplier Eyeing Production Move to US in Response to Tariffs

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Key Apple Supplier Eyeing Production Move to US in Response to Tariffs - MacRumors

Quick Summary:

In the call, Wang noted that while the United States' newly imposed tariffs would have limited short-term financial impact due to the small volume of finished goods Luxshare currently exports directly to the U.S., the company is nonetheless examining its global investment strategy with an eye toward reducing exposure to future trade disruptions.

In addition to its operations in China, Luxshare has manufacturing and research facilities in several countries including Malaysia, Thailand, Vietnam, Mexico, and the United States.Its presence in the U.S.remains limited, and the company did not provide further detail about where or when any potential expansion in American manufacturing might occur.

Apple supplier Luxshare is weighing the possibility of manufacturing some products in the United States as it seeks to address the implications of new tariffs on goods exported from China, Reuters reports.