September 19, 2020

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Foxconn says trade war means China can no longer be 'the world's factory'

As it announces better than expected financial results, Apple supplier Foxconn is also reportedly planning...

As it announces better than expected financial results, Apple supplier Foxconn is also reportedly planning to increase moving production away from China.

Tim Cook visiting a Foxconn assembly line in China

Foxconn, which has just reported second quarter profits 34% up from last year, is now said to believe China’s manufacturing supremacy is over.

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