Categories
Latest News

Apple suppliers Foxconn and Pegatron expand production outside China: Report

Known Apple suppliers, Foxconn and Pegatron, are expanding their production capacities outside of China by increasing their overseas production. This is in line with the plans of globalization of operations.

Apple

The Taiwanese based firm, Foxconn, has set up factories in Vietnam. This site will have an overall production capacity that could meet demand by 2021 and 2022, as per the company’s chairman Liu Young-Way. Although, it is still uncertain whether the production capacity in the region can be further expanded since it is increasingly difficult to acquire factory sites in the country.

Advertisement
Editor’s Pick: Huawei’s Bruce Lee warns against using a metal case for the Mate 40 series

Furthermore, Foxconn also has plan to set up production sites in India as well. The region holds a huge market potential, but the progress would still depend on the country’s individual environments, politics, and other important factors. Foxconn is also working to establish a site in Wisconsin, US. These production lines will focus on local demand exclusively and will also include AI based devices, servers, telecom/networking devices and other software based products as well.

Advertisement
Advertisement

Apple

Similarly, the DigiTimes report also stated that Pegatron has started contructing a factory in Indonesia in 2019, with production having started already. The company’s president and CEO Liao Syh-jang revealed this information and also added that it has also kicked off its production at a factory in Vietnam. Like Foxconn, the Apple supplier, Pegatron, is also planning on building a factory in India and plans to start production in the region by 2021.

Advertisement
UP NEXT: Galaxy S21 series leak reveals screen size, camera configuration and more; will be cheaper too

ALWAYS BE THE FIRST TO KNOW – FOLLOW US!

Original Article

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *