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Apple supplier Luxshare considers manufacturing in America due to tariffs

Luxshare says it needs to consider more investment abroad and idling some investment plans in China…

MacDailyNews

Apr 9

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The Apple supplier Luxshare, a Chinese company, is in talks with customers on ways to respond to U.S. tariffs by shifting more production outside China, including into the United States, its chairwoman told analysts in a telephone call on April 9th.

Reuters:
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The remarks by the Chinese company, which assembles iPhones and makes AirPods, provide a glimpse into deliberations by companies around the world scrambling to tackle President Donald Trump’s tariffs that took effect on Wednesday.
In a transcript of the call seen by Reuters, Wang Laichun said the tariffs would have little impact on profits and revenue, as Luxshare exported only a small amount of finished products to the United States.
But it needed to consider more investment abroad and idling some investment plans in China, she said during the call that stretched more than an hour.
“If there is a commercial guarantee and we are able to conduct a good evaluation, we do not rule out having some products being localised to meet the needs of the U.S. market,” Wang added.

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MacDailyNews Take: The times, they are a-changin’.

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