iPhone maker turns to electrical automobiles as US-China tensions rise

According to the BBC, the situations may embrace makes an attempt by Beijing to blockade Taiwan and even invade the island that it claims as its personal,

Mr Liu “business continuity planning” was already beneath approach, and identified that some manufacturing traces, significantly these linked to “national security products” had been already being moved from China to Mexico and Vietnam.

Foxconn, or Hon Hai Technology Group as it’s formally identified, began off in 1974, making knobs for TVs.

Now it is likely one of the world’s strongest know-how firms, with an annual income of $200bn (£158.2bn).

It is finest identified for making greater than half of Apple’s merchandise – from iPhones to iMacs – but it surely additionally counts Microsoft, Sony, Dell and Amazon amongst its purchasers.