KYOTO/TOKYO -- Japanese motor supplier Nidec said on Oct. 23 that it will move some production out of China, joining Panasonic and other companies, including Chinese ones, in an exodus to Southeast Asia and Mexico over concerns that U.S. tariffs will undercut the competitiveness of the Made-in-China model.
Trade war
Trade war drives Asian manufacturing out of China
Southeast Asia and Mexico emerge as favored hubs for Panasonic, TCL and others
A worker inspects a circuit board at factory in Vietnam. Southeast Asia has become a more important link in the supply chains of multinational manufacturers.
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