Tech giants are pulling production from China

Nikkei Asian Review reports an increasing number of global consumer electronics firms are planning to leave China and set up production capacity in other countries. China is world's largest maker of computers an smartphones but it seems the country will have to cede marketshare to other countries:

HP and Dell, the world's No. 1 and No. 3 personal computer makers who together command around 40% of the global market, are planning to reallocate up to 30% of their notebook production out of China, several sources told the Nikkei Asian Review.

Microsoft, Google, Amazon, Sony and Nintendo are also looking at moving some of their game console and smart speaker manufacturing out of the country, multiple sources told the Nikkei Asian Review. Other leading PC makers such as Lenovo Group, Acer and Asustek Computer are also evaluating plans to shift, according to people familiar with the matter.

The move will likely be slow as it takes time to set up supply chains, but there's definitely something in motion. The strategy shift is motivated by the Trump administration's scrutiny against China, as well as rising costs in the country.