25 percent of Foxconn's production capacity is outside of China
By: George Liao, Taiwan News, Staff Writer
Foxconn is Apple’s biggest iPhone assembly partner.
The company’s statement came after the trade war between the U.S. and China showed signs of deepening, and media reports that Apple could pull iPhone production out of china if the trade war continues to escalate.
US President Donald Trump recently threatened to move forward with a plan to impose tariffs on about US$300 billion worth of additional goods from China after having increased the tariff rate on more than US$200 billion worth of Chinese goods from 10% to 25% last month. [FULL STORY]