As the US-China trade war intensifies, Foxconn’s statement encourages Apple to cast off worries of iPhone production.
Foxconn is Apple’s manufacturing partner, which believes that they have enough capacity to manufacture all iPhones bound for the U.S. market outside of China.
Foxconn Has Enough Capacity to Meet Apple’s Demand
During an investor briefing in Taipei on Tuesday, Foxconn’s board nominee and semiconductor division chief Young Liu said, “Foxconn will fully support Apple if it needs to adjust its production.” Liu was speaking to Bloomberg.
Liu further added, “Twenty-five percent of our production capacity is outside of China, and we can help Apple respond to its needs in the U.S. market.”
He also noted that investments are now being made in India for Apple. “We have enough capacity to meet Apple’s demand.”
According to Liu, Apple has not instructed its Taiwanese partner to move production out of China. He said Foxconn is “capable of moving lines elsewhere according to customer’s need.”
As the trade war has become unpredictable, the senior executive believes that Foxconn will quickly reply to any emergency and take help from local manufacturers. Notably, two years ago, Foxconn considered that Apple should erect a base in the U.S. before the trade war began.
AS of now, most of Foxconn’s facilities reside in China, and now the manufacturing partner of Apple is planning to expand its production plants in India.
Post US-China trade war, Foxconn has proved itself as a reliable production partner of Apple as Foxconn is growing its base in India.
That’s all folks!
Foxconn has its manufacturing plants in India, and recently, the company is planning to expand its manufacturing to more recent models in India. It is known to all that iPhones and iPads are available at considerable costs in India; if Foxconn could boost its production in India, Apple can avoid a tariff that adds 20% to devices imported from China.
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