Teradyne pulled $1 billion worth of manufacturing from China amid US export controls

URLhttps://finance.yahoo.com/news/teradyne-pulled-1-b
Sourceyahoo!finance
Date Published01/29/2024
Author NameKaren Freifeld

Additional Reshoring Information:

Company/Division name Teradyne
Parent companyTeradyne
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Country(ies) from which reshored:China
City reshored to:Boston
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor testing equipment
What non-domestic negative factors made offshoring less attractive?Strained offshore relationships, Supply chain interruption
What domestic positive factors made reshoring more attractive?Intellectual property risk
Find Reshoring Articles