Apple suppliers Foxconn, Luxshare eyeing base in Vietnam: Report

Report says suppliers are in talks to provide the Apple Watch and MacBook within the Southeast Asian nation for the primary time.

Foxconn
Luxshare and Foxconn have began take a look at manufacturing of the Apple Watch and MacBook in Northern Vietnam [File: Lam Yik Fei/Bloomberg]

Apple’s suppliers are in talks to provide the Apple Watch and MacBook in Vietnam for the primary time, Nikkei Asia has reported, citing individuals conversant in the matter.

China’s Luxshare Precision Trade and Taiwanese iPhone assembler Foxconn have began take a look at manufacturing of Apple Watch in Northern Vietnam, the report revealed on Wednesday mentioned.

Apple has been shifting some parts of iPhone manufacturing from China to different markets, together with India, the place it began manufacturing iPhone 13 this 12 months.

India, the world’s second-biggest smartphone market, and international locations reminiscent of Mexico and Vietnam have gotten more and more vital to producers supplying American manufacturers, as they attempt to diversify manufacturing away from China.

Apple, Foxconn and Luxshare Precision didn't instantly reply to a Reuters request for remark.

Final week, Foxconn gave a cautious outlook for the present quarter after posting outcomes that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled growth.

Like different world producers, Foxconn – formally known as Hon Hai Precision Trade Co Ltd – has handled a extreme scarcity of chips that harm manufacturing, as bottlenecks from the pandemic lingered and the Ukraine warfare additional strained logistical channels.

Post a Comment

Previous Post Next Post