Moving out of China seems to be an irreversible trend for many IT products manufacturers at the moment. But where are they relocating? For Wistron, India is a key destination; for HHD vendors, their contract manufacturers are converging in Thailand. For some, the US seems to be the last destination they would consider.
Wistron increasing investments in India: Wistron has been making new investments in India in the past couple of years and though the company currently still needs some more time to iron out differences with the Indian government, it still believes the country will become an enormous market with strong domestic demand driven by digitalization, according to company chairman Simon Lin.
HDD makers to scale up production in Thailand: Taiwan-based HDD manufacturers Cal-Comp Electronics & Communications and Quanta Storage have both moved to scale up their output in Thailand at the request of their major clients Seagate and Western Digital (WD), according to industry sources.
Inventec moving production lines out of China, but will not take sides in trade war, says chairman: Clients may be willing to pay for the expenses for manufacturing partners to move production out of China, but it remains to be seen how much longer such willingness is going to last, Inventec chairman Tom Cho has said in response to the escalating US-China trade war.