FOXCONN PLANS TO SHIFT ITS APPLE ASSEMBLING FACILITIES FROM CHINA TO VIETNAM

Highlights

• The Trump administration has taken several steps against Chinese companies in the U.S. and is also pressing US firms to shift production facilities from China to other Asian countries

• Foxconn, the manufacturer of iPads and other Apple devices is likely to shift its assembling facilities from China to Vietnam at the request of Apple Inc.

• Foxconn is currently building assembling facil....