NEW TAIPEI CITY/TAOYUAN, Taiwan -- The world's two largest contract electronics suppliers, Foxconn and Quanta Computer, said on Wednesday that they will continue to move production capacity out of China to cope with the protracted trade war.
"The U.S.-China trade war is very dynamic and our clients are monitoring the situation closely," Foxconn Chairman Young Liu told reporters. "We have to be well prepared and expand capacity at the fastest pace when our clients make decisions [to move]."
