iPhone maker turns to electric vehicles as US-China tensions rise


According to the BBC, the scenarios could include attempts by Beijing to blockade Taiwan or even invade the island that it claims as its own,

Mr Liu “business continuity planning” was already under way, and pointed out that some production lines, particularly those linked to “national security products” were already being moved from China to Mexico and Vietnam.

Foxconn, or Hon Hai Technology Group as it is officially known, started off in 1974, making knobs for TVs.

Now it is one of the world’s most powerful technology companies, with an annual revenue of $200bn (£158.2bn).

It is best known for making more than half of Apple’s products – from iPhones to iMacs – but it also counts Microsoft, Sony, Dell and Amazon among its clients.

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