Bloomberg reported that Tong Zixian's appointment as vice chairman of the DPP think tank may increase uncertainty for Apple and its supply chain in China.

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[Financial Channel/Comprehensive Report] Regarding the invitation of the DPP think tank New Realm Culture and Education Foundation to invite Tong Zixian, chairman of Pegatron Group, to serve as vice chairman, Bloomberg reported on Wednesday (1st) that this move may anger China and lead to Chinese censorship.

Pegatron is actively looking to shift production from China to other locations, including building an iPhone factory in India, the report said; however, Foxconn Technology Group's smaller rival is still keeping most of its iPhone production in the eastern Chinese cities of Shanghai and Kunshan.

Tong Zixian's new post at the DPP think tank could add to uncertainty for Apple and its supply chain in China.

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While about 42 percent of Pegatron's fixed assets are in China, according to Pegatron's 2021 report, Tong Zixian downplayed the potential fallout from his new role in a statement late Tuesday, saying the The Foundation has invited industry professionals to participate in its operations in order to accept more diverse viewpoints other than politicians; in a democratic society, it is normal for one person to express opinions and contribute opinions.

The report recalled that after Pelosi, the speaker of the US House of Representatives, visited Taiwan in August last year, Beijing stepped up pressure on Taiwan by banning the import of various Taiwanese goods, increasing military exercises, and intimidating areas around Taiwan.

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