Kyocera Shifts China Production to Vietnam to avoid Trump Tariffs

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OSAKA — Kyocera will relocate production of U.S.-bound copiers and multifunction printers to Vietnam from China, the Japanese manufacturer said Friday, in a move designed to avoid U.S. tariffs.

“We will switch production between Chinese facilities and Vietnamese facilities,” Kyocera President Hideo Tanimoto told reporters. All-in-one printers made in China are mainly shipped to the U.S., while those built in Vietnam are usually destined for Europe.

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SOURCE Nikkei Asian Review

KYOCERA Announces Consolidated Financial Results for Three Months Ended June 30, 2019