HP Plans Major Production Shift from China to Thailand
US-based IT giant Hewlett-Packard, HP, plans to shift more than fifty percent of its PC production from China to Thailand within two to three years to reduce geopolitical risks. The company engages suppliers for this transition, with some already expanding facilities in Thailand. HP is also setting up a backup design hub in Singapore.
US-based IT giant Hewlett-Packard (HP) is shifting over 50% of its PC production from China to Thailand to mitigate geopolitical risks, as reported by Nikkei Asia.
HP is engaging suppliers to support this transition and aims to achieve its objectives within two to three years.
An internal goal of producing up to 70% of notebooks outside China has been set.
At least five suppliers are constructing new manufacturing facilities or warehouse hubs in Thailand, with some already expanding capacity.
HP is also establishing a backup design hub in Singapore.
This move is motivated by US-China tensions and COVID-19 disruptions, with executives highlighting opportunities in Southeast Asia and the Middle East.
HP is engaging suppliers to support this transition and aims to achieve its objectives within two to three years.
An internal goal of producing up to 70% of notebooks outside China has been set.
At least five suppliers are constructing new manufacturing facilities or warehouse hubs in Thailand, with some already expanding capacity.
HP is also establishing a backup design hub in Singapore.
This move is motivated by US-China tensions and COVID-19 disruptions, with executives highlighting opportunities in Southeast Asia and the Middle East.
