HEDGING RISKS: The company is to expand its laptop facility in Taoyuan, as part of a broader plan to shift all of its US-bound shipments to Taiwan by the end of the year

Taipei Times
Date: Sep 25, 2019
By: Lisa Wang  /  Staff reporter

Inventec Corp’s (英業達) board of directors has approved a plan to spend NT$2 billion (US$64.5 million) to move part of its laptop production back to Taiwan to avoid US tariffs on China-made goods, the contract electronics maker said yesterday.

It is part of a broader production capacity reallocation plan by the company to minimize operating risks from the US-China trade dispute, which has triggered large-scale production moves from China not only by Inventec, but also its Taiwanese peers Compal Electronics Inc (仁寶電腦) and Quanta Computer Inc (廣達電腦).

The bulk of Inventec’s latest investment would be used to expand the capacity of its laptop manufacturing site in Taoyuan’s Dasi District (大溪), a public relations officer said by telephone.

Inventec president Maurice Wu (巫永財) told investors last month that the company planned to shift its entire US-bound laptop operation to Taiwan by the end of this year to circumvent Washington’s 15 percent tariffs.    [FULL  STORY8]