Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the US-China trade war and coronavirus pandemic prompt firms to re-examine global supply chains.The plans could usher in billions of dollars in badly needed fresh investments over the next few years for Latin America’s second-largest economy, which is primed for its worst recession since the 1930s Great Depression.Foxconn and…
from South China Morning Post https://www.scmp.com/tech/gear/article/3098687/foxconn-pegatron-among-asian-firms-considering-mexico-factories-china
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Tuesday, August 25, 2020
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Foxconn, Pegatron among Asian firms considering Mexico factories as China risks grow
Foxconn, Pegatron among Asian firms considering Mexico factories as China risks grow
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