Due to the China-US trade war and Chinese economic downturn, Japanese company Ricoh is moving its production out of China to reduce costs and is preparing to transfer its printer production line to Thailand.
Once the decision comes into effect, Ricoh will be able to restart production in Thailand within two months.
An employee who has worked at Ricoh’s Shenzhen branch for 10 years confirm that some of the company’s factories are moving their production lines to Thailand. The employee, who did not want to his name to be publicized, said the company relocated its factories for reasons of cost-effectiveness.
But Ricoh is also building a new factory in Dongguan, china as its new manufacturing center. The moving just includes some product ion lines or it means all the manufacturing will move out of China, is not clear now.
Due to the China-US trade war and Chinese economic downturn, Japanese company Ricoh is moving its production out of China to reduce costs and is preparing to transfer its printer production line to Thailand.
Once the decision comes into effect, Ricoh will be able to restart production in Thailand within two months.
An employee who has worked at Ricoh’s Shenzhen branch for 10 years confirm that some of the company’s factories are moving their production lines to Thailand. The employee, who did not want to his name to be publicized, said the company relocated its factories for reasons of cost-effectiveness.
But Ricoh is also building a new factory in Dongguan, china as its new manufacturing center. The moving just includes some product ion lines or it means all the manufacturing will move out of China, is not clear now.
