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Fitbit to shift manufacturing operations outside of China from January

Wearable device maker Fitbit Inc said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January, in response to the ongoing tariff threat......»»

Category: topSource: reutersOct 9th, 2019

Fitbit plans to shift manufacturing operations outside China for all trackers

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 9th, 2019

Wearable device Fitbit to shift production out of China from January

Fitbit Inc will manufacture all its trackers and smart watches outside China from January, the wearable device maker said on Wednesday, the latest U.S. company looking to insulate itself from tariffs......»»

Category: topSource: reutersOct 9th, 2019

Fitbit to shift manufacturing out of China to avoid tariffs

The smartwatch maker said it began exploring manufacturing alternatives following the start of the trade war in 2018......»»

Category: topSource: moneycentralOct 9th, 2019

US lawmakers and officials are crafting proposals to push American companies to move their operations out of China

Reuters The coronavirus pandemic is boosting US lawmakers' resolve to steer manufacturing jobs out of China. The effort has bipartisan support as Republicans and Democrats try to decrease US reliance on Ch.....»»

Category: topSource: businessinsiderMay 18th, 2020

Trump"s trade war convinced Lovesac to move manufacturing out of China and into Vietnam. Take a look inside one factory that"s trying to cash in on the shift.

Kate Taylor/Business Insider Furniture company Lovesac, along with companies like Adidas and Samsung, is shifting product from China to Vietnam and other Asian countries — in part t.....»»

Category: topSource: businessinsiderFeb 26th, 2020

Electronics factories in China facing losses in 1Q20 amid epidemic

Electronics manufacturing operations in China are facing .....»»

Category: topSource: digitimesFeb 20th, 2020

Acter, Nova Technology impacted by outbreak

Taiwan-based providers of engineering services for manufacturing equipment, Acter Group and Nova Technology, expect operations in first-quarter 2020 to be affected by the coronavirus outbreak, as large portions of their revenues come from China......»»

Category: topSource: digitimesFeb 12th, 2020

Passive component makers put more focus on non-China production

Taiwan-based passive component makers will be freeing up non-China production capacity if necessary, as their manufacturing operations in China have experienced low labor return rates after the Lunar New Year holiday, according to the companies......»»

Category: topSource: digitimesFeb 11th, 2020

Epidemic impacts on supply chains to become clearer in two weeks

Manufacturing plants in China are gradually resuming operations starting February 10, but the following two weeks will be a key observation period for assessing impacts of the coronavirus outbreak on the supply chains, according to industry sources......»»

Category: topSource: digitimesFeb 11th, 2020

Taiwan supply chains stay vigilant against coronavirus outbreak

Many Taiwan-based firms with manufacturing operations in China are taking precautionary measures to minimize impacts of coronavirus outbreak that has locked down the Chinese city of Wuhan......»»

Category: topSource: digitimesJan 30th, 2020

Tesla says will start delivering China-made Model 3s to public on Jan. 7

"As Model 3s roll off Tesla's Chinese manufacturing facility with local subsidies intact, we believe the U.S.-based focus will need to shift globally for the company,'' Canaccord Genuity analyst Jed Dorsheimer wrote in a note to clients......»»

Category: topSource: foxnewsJan 2nd, 2020

The Pentagon is thinking about closing a $110 million drone base it just opened to focus on Russia and China

The US military is reassessing its operations as part of a shift toward competition w.....»»

Category: topSource: businessinsiderDec 24th, 2019

Stocks tick up on upbeat China factory reports, trade talk hopes

Global shares shuffled marginally higher on Monday to stand just short of the record peak struck in January 2018, with buyers encouraged by upbeat China manufacturing surveys and hopes that China and the United States will agree a preliminary trade deal......»»

Category: topSource: reutersDec 2nd, 2019

Fitbit fleeing China to avoid Trump"s tariffs

Fitbit says production of trackers and smartwatches will be done outside of China beginning in January 2020......»»

Category: topSource: foxnewsOct 9th, 2019

Fast-growing B"More Organic closes its doors

B'More Organic has ceased operations due to problems related to a shift to a new manufacturing partner. Andrew Buerger, a former publisher of the Baltimore Jewish Times who founded the company in 2010, announced the shuttering of B'More Organic in.....»»

Category: topSource: bizjournalsSep 28th, 2019

SMTC Corp to exit China manufacturing operations, cuts FY19 guidance

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 19th, 2019

Tsinghua Unigroup to set up DRAM operations HQ in Chongqing

China's state-owned Tsinghua Unigroup has clinched a deal with the Chongqing municipal government to build its DRAM operations headquarters, R&D and manufacturing facilities in the country's southwestern city, according to industry sources......»»

Category: topSource: digitimesAug 29th, 2019

Apple To Shift Some AirPod Production To Vietnam From China As Exodus Continues

At this point, the trade war-inspired manufacturing exodus out of .....»»

Category: blogSource: zerohedgeJul 17th, 2019

Highlights of the day: Factory relocation in the wake of US-China trade war

The escalating US-China trade war is sending IT firms moving their manufacturing operations from China to avoid the tariffs imposed on Chinese products. But plant relocation is much easier said than done, .....»»

Category: topSource: digitimesJun 13th, 2019

​In about-face on trade, Trump vows to protect ZTE jobs in China

In a dramatic shift, Trump said Sunday that's he's working with his Chinese counterpart to prevent the collapse of Chinese electronics giant ZTE, which shut down major operations after being sanctioned by the U.S. Department of Commerce last month......»»

Category: topSource: bizjournalsMay 14th, 2018