CompaniesFoxconn planning for 'inevitable' split between US-China markets
30% of Apple supplier's capacity now outside of China due to trade tensions
Foxconn has been ramping up its production capacity in a number of countries outside China, including India and Vietnam. © Reuters
LAULY LI, Nikkei staff writer
August 12, 2020 20:07 JST
TAIPEI -- Foxconn, the world's largest contract manufacturer and Apple's most important supplier, said nearly one-third of its production capacity is now outside of China, a figure that will likely keep growing due to the "inevitable" decoupling of Chinese and American supply chains.