The president of a major producer in the chip supply chain thinks companies will soon stop relying on China to manufacture their products, thanks to new rules from the U.S.
“The business model of producing in China and exporting abroad is no longer viable,” Hideo Tanimoto, president of Kyocera, told the Financial Times, though he added that manufacturing for the Chinese domestic market would still be possible. He pointed to worsening relations between Washington and Beijing: “Obviously with all that’s happening between the U.S. and China, it’s difficult to export from China to some regions.”
