News Lenovo joins growing China exodus as manufacturers flee US tariffs — OEM moving production lines to India

[Admin]

Lenovo announced that it will move 100% of its laptop manufacturing capacity to India in the next three years.

Lenovo joins growing China exodus as manufacturers flee US tariffs — OEM moving production lines to India : Read more

 

[Co BIY]

Was Lenovo saying they are closing their five Chinese plants to open one in India to manufacture all their PCs for sale worldwide ?

That's how the headline and article reads but it seems more likely they were announcing that all PCs for the Indian market would in the future be made in India.

The Digitimes article is behind a paywall.

This seems more likely the result of pretty strict Indian laws that require or encourage local manufacture than a result of US tariffs.

 

[Co BIY]

This is going to help us here in the US how? Then what was the point Mr. President? All I see is the markets in chaos and more countries mad at us here in the US.

You give the US President too much credit (or demerit) in this case.

I think this story is about Indian market growth and Indian policy success.

Those policy successes are the result of fairly similar tactics that the US is attempting to use. Incentives, Legal requirements. political pressure, tariffs and even China fears. India has advantages with low labor costs and high population growth that the US does not have.

 

[Skramblr]

Was Lenovo saying they are closing their five Chinese plants to open one in India to manufacture all their PCs for sale worldwide ?

That's how the headline and article reads but it seems more likely they were announcing that all PCs for the Indian market would in the future be made in India.

The Digitimes article is behind a paywall.

This seems more likely the result of pretty strict Indian laws that require or encourage local manufacture than a result of US tariffs.

If you google it, you'll see several other articles from yesterday on the topic from other sources. Expanding their local presence in India. They currently do not ship out of India, but are planning to in the future.

 

[nookoool]

The tomshardware article as of yesterday was written to implied Lenovo was moving their entire manufacturing out of China to India. What is happening is that Lenovo is moving manufacturing to India for the Indian market because of high tariffs in India. They are not doing it to escape US tarriff as it is a matter of time before India will also get tarrif since their import tarrif are very high (ask apple and tesla)

 

[DingusDog]

You give the US President too much credit (or demerit) in this case.

I think this story is about Indian market growth and Indian policy success.

Those policy successes are the result of fairly similar tactics that the US is attempting to use. Incentives, Legal requirements. political pressure, tariffs and even China fears. India has advantages with low labor costs and high population growth that the US does not have.

You know who else has low labor costs? China. Lenovo already has factories there. This is 100% about tariffs.

 

[Co BIY]

You know who else has low labor costs? China. Lenovo already has factories there. This is 100% about tariffs.

My understanding is that Indian labor costs are currently lower than Chinese.