Apple supplier luxshare weighing the possibility of manufacturing certain products in the United States as it wants to address the implications of new tariffs on goods exported from China, Roots Report.
The comments were made during a telephone call with analysts by Wang Likun, president of Luxeshare, by which the transcript was seen RootsLuxshare is one of the major suppliers of Apple and plays a major role in the production of high-end iPhone models, airpods, apple watches and vision Pro.
In the call, Wang mentioned that while the newly imposed in the United States will limit short -term financial impact due to the small amount of goods currently directly exported directly to the US, the company is still investigating its global investment strategy with an eye towards exposure to future trade disintegration. He said that the company could deactivate some investment schemes in China, evaluating new facilities including the United States.
In addition to its operations in China, Luxeshare has manufacturing and research facilities in many countries including Malaysia, Thailand, Vietnam, Mexico and the United States. Its presence in the US is limited, and the company did not further expand about where or when there could be any possible expansion in American manufacturing. However, Wang emphasized that any step to develop new production lines in countries where the company already operates will take about 12 to 18 months.
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