Is Foxconn leaving China?
Foxconn is not completely abandoning its massive operational footprint in China, but the company has actively diversified its manufacturing capacities by relocating significant portions of its new production lines to alternative hubs like India and Vietnam. Driven by rising labor costs, regulatory shifts, geopolitical trade tensions, and requests from primary clients like Apple to mitigate supply chain risks, Foxconn has scaled back select operations in mainland China while expanding heavily abroad.
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