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.
-
Does it? India?
-
-
I find it hilarious that their best plan is to build up another 1.5 billion country into a superpower
-
-
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.
-
-
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.
-
-
Winning
-
These companies will never come back.
-
Come back where? China?
Come, not coke
-