HP Reduces North American Manufacturing
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Supply chain shiftsTechRadar
•Technology
Technology
HP says it will move large parts of production out of China
80% Informative
HP has announced that by the end of fiscal year 2025 the company will have moved almost all ( 90% ) of its production for North America away from China .
The Trump administration has recently placed a 10% tariff on all Chinese imports, which accounts for a significant majority of laptops shipped to the US .
HP has also increased its inventory during the most recent quarter as a strategy to minimize the impacts of potential US tariff hikes.
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