URL | https://finance.yahoo.com/news/highlight-tech-corp |
Source | yahoo!finance |
Date Published | 06/12/2023 |
Company/Division name | HTC America |
Parent company | HTC |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Country(ies) from which reshored: | Taiwan, Province of China |
City reshored to: | Phoenix |
State(s) reshored to: | AZ |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | Equipment for manufacturing semiconductors |
What domestic positive factors made reshoring more attractive? | Automation/technology, Better Control of Process/Delivery/Factory, Eco-system synergies, Govt. Policy and subsidies, Higher productivity, Image/brand, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, CHIPS |