Apple‘s contract manufacturing firm, Taiwan-based Pegatron Corporation is planning to to open production plants in three new countries: India, Vietnam, and Indonesia.
This move comes after Foxconn, one of the primary contract manufacturers for Apple revealed its plans to expand outside China. I had written about this last month. Pegatron is responsible “for about 30 percent” of the total assembly orders given by the company, reported 9to5Mac. Another reason for the expansion is likely to be the decreased growth in the smartphone and consumer electronics market in China.
Some multinational technology gadget brands are suffering as US tariffs on certain components eat into their profit margins, creating pressure to relocate production away from China.
