Foxconn ready to move production out of China
(VOVWORLD) - Apple's biggest iPhone assembly partner, Foxconn Group of Chinese Taipei, is prepared for the worst scenario as a result of the US-China trade war.
An Apple's logo at Shanghai, May 10,2018 (Photo: AFP/VNA) |
Young Liu, head of the semiconductor division of Foxconn, said on Tuesday that the company will meet Apple’s need to move its production outside of China. Twenty-five percent of Apple’s production capacity is outside of China and Foxconn can help Apple respond to its needs in the US market, Liu said.