Apple supplier Luxshare weighs manufacturing in U.S. to tackle tariffs (www.reuters.com)
from misk@sopuli.xyz to technology@beehaw.org on 09 Apr 15:19
https://sopuli.xyz/post/25151029

Archive: archive.is/…/apple-supplier-luxshare-weighs-manuf…

TAIPEI/BEIJING, April 9 (Reuters) - Apple (AAPL.O), opens new tabsupplier Luxshare (002475.SZ), opens new tab is in talks with customers on ways to respond to U.S. tariffs by shifting more production outside China, including the United States, its chairwoman told analysts in a telephone call on Wednesday.

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.

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Midnitte@beehaw.org on 09 Apr 17:15 collapse

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.

And doesn’t that just explain the reason why manufacturing jobs are not going to return to the US.