China is facing a 125% tariff imposed by the US due to an inability to reach consensus, placing significant pressure on related supply chain businesses. Luxshare, which assists Apple with iPhone assembly and AirPods production, recently stated during a conference call that tariffs have had minimal impact on its profits and revenues since the volume of finished products exported to the US is quite low.
Luxshare considers SEA as top choice for expansion, prioritizing low-tariff regions
10
Apr