Microsoft, Google, and Amazon Reportedly Move Production Out Of China As Tensions Rise
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Microsoft, Google, and Amazon are reportedly shifting production out of China due to rising U.S.-China tensions. Microsoft plans to move most new product manufacturing, including Surface laptops and servers, outside China by next year, aiming for 80% of server components sourced elsewhere. Google is increasing server production in Thailand, while Amazon is also diversifying its production. This shift comes amid escalating geopolitical tensions and trade issues, prompting U.S. companies to seek alternatives to Chinese manufacturing. Year-to-date, Microsoft and Alphabet shares have risen, while Amazon's shares have declined.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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