Almost half of Japan technology firms diversifying supply chains away from China, survey shows

//Almost half of Japan technology firms diversifying supply chains away from China, survey shows

Almost half of Japan technology firms diversifying supply chains away from China, survey shows

Over 40 per cent of Japanese companies the government recognises as possessing sensitive technology linked to security are shifting their manufacturing bases and sources of parts supplies from China in a bid to diversify their supply chains, according to a Kyodo News survey.The move to reduce their reliance on China and mitigate security risks comes in response to rising US-China competition over technological supremacy and concerns about potential concentration of medical production in China…

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By | 2020-12-30T02:41:57+00:00 December 30th, 2020|Headlines|Comments Off on Almost half of Japan technology firms diversifying supply chains away from China, survey shows