Here's a List of Companies Who Left China
By Clover Lee, EETimes (July 23 2019)
The threat of a 25-percent tariff in the China-US trade war has accelerated an exodus of U.S., Japanese, Korean and Taiwanese companies from China to elsewhere, a phenomenon that started some time ago.
Simultaneously, some Chinese companies doing business with the United States have also begun transferring some — if not all — production lines out of mainland China. The electronics industry’s embrace of these changes is forcing a restructuring in the supply chain.
China, one of the world’s largest consumer electronics markets, was always both a battleground and a magnet for foreign enterprises racing to set up factories that took advantage of the golden era of cheap Chinese labor. However, as wages have risen and the China-US trade relationship has worsened, foreign corporations are abandoning ship.
Click here to read more ...