SUPPLY CHAINS FOR ELECTRONIC EQUIPMENT SHIFT TO VIETNAM
International electronics firms whose factories based in China are eyeing Vietnam to seek an alternate destination for manufacturing due to the uncertain outcome of the US-China trade war, along with the heavy tariffs levied on high-tech products in China. Goertek, the assembler for AirPods and Apple’s wireless headphones, has announced the plans to move its production to Vietnam. Besides, Cheng Uei, a Taiwanese business specializing in manufacturing equipment for iPhones and Android smartphones, and Pegatron, an assembler of iPhone equipment – are also scaling their options outside of China, with Vietnam as one of the best leading alternatives*.
NEPCON VIETNAM 2019: WHERE LEADING ELECTRONICS MANUFACTURERS CONVERGEThe remarkable trend of electronics goods factories making the shift to Vietnam is a promising sign for the electronics industry in the “S-shaped” country. Undoubtedly, Vietnam is becoming one of the world’s next manufacturing hubs with its competitive advantages. Therefore, electronics manufacturers should keep abreast of any developments. That is the reason why NEPCON Vietnam, a unique exhibition of SMT, testing technologies, equipment and supporting industries for electronics manufacturing, taking place from 11-13 September 2019 in Hanoi, is the place to be for the industry. No matter if you are either an exhibitor or a trade visitor, you will get to fulfill your needs by discovering advanced machines and technologies of over 200 brands from 20 countries, updating the latest trends through seminars, and connecting with potential partners via business matchmaking activities. Reserve your space today to prepare your business for tomorrow!
*Source: Vietnam Briefing