TAIPEI -- Large-scale iPhone assembler Pegatron said on Thursday that it would speed up efforts to relocate production to Southeast Asia from China, where trade tensions add a further reason to reconsider new capacity investments.
"We are going to do it with or without tariffs imposed under Section 301 [of the U.S. Trade Act]," Pegatron Chief Financial Officer Charles Lin said in a teleconference, referring to the company's shift away from manufacturing in China. "The intensifying trade tension accelerates our decision to do it."
