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Sharp the subsidiary company of Foxconn is moving out of China?



Some big companies are shifting its production out of China just to escape from the US-China Trade War. The next big wave of the tariff is also expected.

The Sharp company in China which is a subsidiary of Foxconn is planning to move out their production to other countries that are not part of the trade war. Sharp produces a huge volume of various appliances that are being exported to the market in the US.

Sharp company is formerly owned by Japanese for 100 years but last 2016 it was fully acquired by Taiwan's Foxconn Company which owned by Mr. Terry Gou and now bid himself for the next presidential election in Taiwan.

Meanwhile, the mother company of Sharp which is  Foxconn in China is planning also to move out their production of Liquid Crystal Panel to Mexico.

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