Apple Supplier Luxshare Weighs U.S. Manufacturing as Tariffs Hit

Luxshare, a key Apple supplier known for assembling iPhones and producing AirPods, is discussing options with customers to navigate new U.S. tariffs by moving more production outside China, including to the United States. The company's chairwoman, Wang Laichun, shared these insights during a Wednesday telephone call with analysts, shedding light on how global manufacturers are responding to President Donald Trump's tariffs, which took effect the same day.In a transcript of the call reviewed by Reuters, Wang emphasized that the tariffs would minimally affect Luxshare's profits and revenue, given its limited exports of finished goods to the U.S. market. Still, the company is weighing significant adjustments. She noted that Luxshare might scale back some investment plans in China while exploring increased production abroad. "If there is a commercial guarantee and we are able to conduct a good evaluation, we do not rule out having some products being localized to meet the needs of the U.S. market," Wang said.Luxshare has already fielded inquiries from customers about providing services in North America, particularly for highly automated production. Wang indicated the company would require assurances from clients before committing. "For this step, we will also weigh some long-term development and safety considerations," she added during the call, which lasted over an hour.Continue ReadingShare Article:Facebook, Twitter, LinkedIn, Reddit, EmailFollow iClarified:Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube

Apr 9, 2025 - 16:07

Apple Supplier Luxshare Weighs U.S. Manufacturing as Tariffs Hit

Luxshare, a key Apple supplier known for assembling iPhones and producing AirPods, is discussing options with customers to navigate new U.S. tariffs by moving more production outside China, including to the United States. The company's chairwoman, Wang Laichun, shared these insights during a Wednesday telephone call with analysts, shedding light on how global manufacturers are responding to President Donald Trump's tariffs, which took effect the same day.

In a transcript of the call reviewed by Reuters, Wang emphasized that the tariffs would minimally affect Luxshare's profits and revenue, given its limited exports of finished goods to the U.S. market. Still, the company is weighing significant adjustments. She noted that Luxshare might scale back some investment plans in China while exploring increased production abroad. "If there is a commercial guarantee and we are able to conduct a good evaluation, we do not rule out having some products being localized to meet the needs of the U.S. market," Wang said.

Luxshare has already fielded inquiries from customers about providing services in North America, particularly for highly automated production. Wang indicated the company would require assurances from clients before committing. "For this step, we will also weigh some long-term development and safety considerations," she added during the call, which lasted over an hour.

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