Lenovo joins growing China exodus as manufacturers flee US tariffs — OEM moving production lines to India
Lenovo joins growing China exodus as manufacturers flee US tariffs — OEM moving production lines to India
This is just one of the growing companies setting up shop elsewhere to escape the US-China trade war.
Trump: Move to the US to avoid tariffs.
Tech companies: India it is!
Which has the highest tariffs.
Winning
They literally have manufacturing facilities in the US as well due to the IBM acquisition. This article seems to gloss over the reality of them being globally diverse for a while.
HP and Dell manufacture more in PRC.
Yeah, there’s no evidence that this is because of tariffs. Companies don’t make big moves like this after only a week of changes.
So trump won’t tariff India?
Probably his brain is rotted and the last thing he remembers is that last thing someone told him.
Why would he? India is no really a challenge.
What will happen is that the Chinese government will just take over manufacturing and plants and continue to make the same products under a Chinese name, the same way Russia rebranded a lot of companies that left then when the war started.
under a Chinese name
Lenovo is already a Chinese company. They're just moving production for US bound products somewhere else. I guarantee most of their production will still be in China.
These companies will never come back.
Coke back where? China?