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Business

Asian companies see 'made in USA' opportunities

Trump's vow to bring production home offers a chance to ease dependence on China

Advantech President Chaney Ho said any decisions to move production to the U.S. will be based on commercial rather than political factors. (Photo by Cheng Ting-fang)

TAIPEI U.S. President-elect Donald Trump's promise to bring manufacturing jobs back home not only played well among millions of American voters, it also perked up the ears of Taiwanese tech and other companies, who are now looking stateside for fresh investment opportunities and a chance to reduce their dependence on China.

The day after SoftBank Group CEO Masayoshi Son told Trump of the Japanese IT company's plan to invest billions in the U.S., Taiwanese contract manufacturing powerhouse Hon Hai Precision Industry, also known as Foxconn, said it was considering expanding in the U.S.

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