HP is working with suppliers to relocate a significant portion of its manufacturing of consumer and commercial laptops from China to Thailand and Mexico. The move is said to bolster and diversify its PC computer supply chain beyond China.
According to Nikkei Asia, HP is planning to shift a portion of its consumer laptop production to Thailand, while some its commercial notebook PC production will shift to Mexico. Additionally, HP also has plans to start production in Vietnam slated for 2024.
HP is the second-largest OEM PC manufacturer following Lenovo, with sales totalling 55.2 million units in 2023. According to Nikkei’s insider information, the shift is of particular significance because production outside of China is projected to be between a few million to five million units, equating to nearly 10 per cent of its global market share. Luckily, Thailand’s already-existing…
