Relations between the United States and China may be improving, but the effects of the trade war have already convinced an increasing number of electronics makers to shift their production to other parts of Asia. According to Nikkei, the latest exodus party comprises the likes of HP, Dell, Microsoft, and Amazon.
HP and Dell are planning to move 30% of their notebook production out of China, while Microsoft, Google, Amazon, Sony, and Nintendo are mulling something similar for their game console and smart speaker manufacturing. Lenovo, Acer, and ASUS are following in their footsteps as well.
Tech companies’ plans, spurred by the bitter trade battle between Washington and Beijing, have not changed despite the truce that was struck between U.S. President Donald Trump and Chinese President Xi Jinping at last weekend’s Group of 20 summit in Osaka. Multiple sources said the situation was still too uncertain, while rising costs in China were also prompting manufacturers to examine alternatives.