LONG-TERM OPTIMISM: Pegatron’s chairman was quoted as saying that as costs in China would inevitably go up, firms would exit even without the US-China trade war

Taipei T&imes
Date: Jun 22, 2019
By: Natasha Li  /  Staff reporter

Pegatron Corp (和碩), an assembler of Apple Inc iPhones, yesterday said that it plans to significantly boost production in Taiwan to cope with expected US-China trade issues for the next few years, but is cautiously optimistic about the second half of this year.

“We plan to triple production in Taiwan,” a company official told the Taipei Times by telephone, quoting remarks Pegatron chief executive officer Liao Syh-jang (廖賜政) made at the company’s annual shareholders’ meeting in Taipei.

Its operations outside China account for only a single-digit percentage of overall production, Liao was quoted as saying.

The firm operates three plants in Taiwan in Xinfeng Township (新豐), Hsinchu County; Guishan District (龜山), Taoyuan County; and Xindian District (新店) in New Taipei City.
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