Big Blow For China! HP Shifting Production Of Millions Of PCs To Thailand, Mexico

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Big Blow For China! HP Shifting Production Of Millions Of PCs To Thailand, Mexico


Taipei: PC and printer main HP is reportedly shifting manufacturing of tens of millions of shopper and industrial laptops to Thailand and Mexico this yr, in a bid to variety its provide chain past China.

According to a report in Nikkei Asia, that is the primary “substantial move” by US-based firm to maneuver its private laptop provide chain past China.

“HP is also planning to shift some laptop production to Vietnam, starting next year, one of the suppliers said,” in keeping with the report.

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The firm is following Dell and Apple in diversifying their provide chains past China that went by means of important disruptions within the pandemic.

“HP is planning to shift some commercial notebook computer production to Mexico, while a portion of its consumer laptop production will go to Thailand,” the report claimed, citing sources.

The international PC shipments noticed a 15 per cent decline (year-on-year) within the second quarter (Q2) of 2023 however rose 8 per cent (quarter-on-quarter).

Lenovo maintained its main place in PC shipments regardless of an 18 per cent (year-on-year) decline, whereas HP and Apple confirmed strong efficiency with market share development, in keeping with Counterpoint Research.

After seven consecutive quarters of year-over-year decline, the PC market is displaying preliminary indicators of stabilisation, together with sequential development from the earlier quarter, in keeping with Gartner.

Gartner expects that PC stock will normalise by the top of 2023, and PC demand will return to development beginning in 2024, he added.

HP shipments fell solely barely within the second quarter, ending a string of consecutive double-digit declines. Its laptop computer shipments grew modestly however have been offset by a decline in desktop shipments, mentioned the report.





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