Tariff Quote Watch: Flextronics Finds Opportunity in India, Struggles to Execute — Panjiva
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Tariff Quote Watch: Flextronics Finds Opportunity in India, Struggles to Execute

China 1758 India 283 Info Tech - Comms Equip 118 Info Tech - Tech Hardware 378 Tariff Quote Watch 91

Electronics manufacturer Flex has indicated “Make in India” tariffs have presented a significant growth opportunity for its Indian factories, though it has struggled to ramp up to meet demand. That comes despite a 4.1x surge in its local subsidiaries’ imports in the second quarter of 2018 vs. a year earlier. Flex’s sourcing is dominated by supplies from China (90.7% of the total) and centered around cellphone parts ($978 million imported in the 12 months to Jun. 30). Recent tariff reductions on 35 components used in phone manufacturing will help Flex, though that shouldn’t be overstated ...

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