Another interesting aspect of all these makers stepping away from China in part or in toto is that all of a sudden the Chinese cloners will find their jobs a whole lot harder.
“all of a sudden the Chinese cloners will find their jobs a whole lot harder.”
Very little new stuff is starting production in China, by foreigners. Existing production lines may continue running, to re-coup their set up costs, but nobody wants to sink new investment there.
Foxconn has compounds around the world, where they can expand or contract pretty flexibly, because the long lead time activities of land acquisition, negotiating with the Government, etc. are all done - a warm base of operations.