Foxconn Has Enough Capacity Outside China to Meet Apple’s US Demand

Foxconn Has Enough Capacity Outside China to Meet Apple’s US Demand
A motorcyclist rides past the logo of Foxconn, the trading name of Hon Hai Precision Industry, in Taipei, Taiwan, on March 30, 2018. Tyrone Siu/Reuters
Reuters
Updated:

TAIPEI–Foxconn, the world’s top contract electronics assembler, said it had enough capacity outside China to meet Apple’s demand in the American market if the need should arise for the iPhone maker to adjust its production lines due to the U.S.-China trade war.

The comments come as President Donald Trump has threatened to slap further tariffs on $300 billion worth of goods from China—where the bulk of Apple’s devices are assembled. The country is also a key market for the firm.