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Asia300

Apple supplier Pegatron mulls India facility amid trade tensions

Taiwan company considers expansion outside China, warns of market uncertainty

TAIPEI -- Key iPhone assembler Pegatron on Thursday said the ongoing trade spats between Washington and Beijing could affect market demand for consumer electronics devices if negotiations aimed at resolving the tensions do not go well.

"The tariff imposition under Section 301 [of the U.S. Trade Act] is the biggest uncertainty for the remainder of this year," Pegatron Chief Executive Officer S.J. Liao said in a teleconference. "We are closely monitoring the development of the situation."

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