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Home / Business / Big companies are fleeing China. Prices for smartphones, televisions or computers are rising?

Big companies are fleeing China. Prices for smartphones, televisions or computers are rising?



A trade war between China and the US has been going on for over a year. The President of the United States, Donald Trumpnałłoy already has a total of 25 percent. for Chinese goods worth $ 200 billion. and threatens to impose a new $ 325 billion worth of goods, that is, to cover all Chinese exports to the United States with new tariffs. Nobody knows what results and when difficult negotiations between Washington and Beijing will end.

Large companies need to adapt to new market conditions, and Nikkei's review of the market results. This process has been accelerating lately.

For example, Apple recently asked its major suppliers to estimate the cost of the transfer from 1

5 to 30 percent. his production for him from China to India. And HP and Dell are already transferring up to 30 percent. her notebooks to Southeast Asia, mainly to Taiwan, but also the Philippines and Vietnam are taken into account.

Read more: Trump announces the ceasefire in the US-China trade war. A touch of relief in the world. For now

Also, Japanese and … Chinese are fleeing

Some large Japanese corporations are also considering relocating part of Chinese production to Vietnam. These are Nintendo, Sharp and Kyocera. In Mexico, some factories want to move Panasonic and Funai.

Interestingly, China also wants to export some of the big Chinese companies. One of them is TCL, which is considering new plants in Vietnam.

The trade war is already depressing the Chinese economy – China's GDP growth slowed to 6.2 percent in the second quarter. This is the weakest result in over a quarter of a century – exactly 27.

TV and computers are becoming more expensive?

It is also possible that fees may apply for the transfer of factories from China to other parts of the world. Mainly consumers from all over the world. Part of the removal costs are included in the prices of goods sold, including electronics costs. It is also uncertain whether large companies in new locations will be able to keep production costs at the level known from China and this also threatens to raise prices. Overall, one thing seems certain: The electronics market would be cheaper Now we can forget for a moment.

The text is taken from the portal PortalTechnologiczny.pl


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