Foxconn could react to Trump’s trade pressure with Mexican investments August 26, 2020 Foxconn and Pegatron may invest in new factories in Mexico, potentially to produce phones, in response to both the enactment of USMCA as well as ongoing pressure by the Trump administration on the Chinese electronics industry. U.S. imports of mobile phones have already diversified away from Ch... Read more →
Foxconn, COVID-19 drive Vietnam’s electronics super-power status February 28, 2020 Google’s Pixel and Microsoft’s Surface production will be partly moved to Vietnam from China in Q2 according to press reports. That’s a response to the U.S.-China trade war, disruptions caused by COVID-19 coronavirus and lower labor costs. Telecoms has come to account for 20.7% of Vietnamese e... Read more →
Panjiva Daily: CH Robinson’s troubles; Pegatron and Hon Hai’s divergent strategies January 30, 2020 CH Robinson has reported a slump in profitability in Q4 2019 – a push to grow its Europe-to-U.S. business may have contributed. Pegatron is opening new factories in Vietnam and Indonesia while Hon Hai remains committed to China. Also: Whirlpool’s price rises helped by tariffs which cut import ... Read more →
Visualizing Tesla’s Supplier Network May 6, 2016 Tesla reported Wednesday that revenues in 1Q fell 8.1% on the previous quarter – note Tesla’s shipments in 1Q16 were 3.4% lower according to Panjiva data. While its larger suppliers like Hon Hai (aka Foxconn) and Robert Bosch should be well set to help it deliver growth, critical to success ... Read more →