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Monday, May 6, 2024

Shifting supply chains: HP to move laptops production to Thailand

HP is planning to shift the production of millions of consumer and commercial laptops to Thailand and Mexico, in an effort to diversify its supply chain beyond China.

The move is a response to geopolitical uncertainties and rising manufacturing costs in China.

Key Takeaways

  • HP is diversifying its personal computer supply chain by shifting production of laptops to Thailand, Mexico, and Vietnam, reducing its reliance on China.
  • Dell has already launched a campaign to exclude “made in China” chips from its products and plans to make 20% of its laptops in Vietnam this year.
  • This shift in production by HP and Dell highlights the growing trend among American tech companies to move away from China and establish production hubs in Southeast Asia due to geopolitical uncertainties and rising manufacturing costs in China.

Global tech companies are continuing to shift production away from China…

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