Saturday, October 24, 2020

Tag: Trade War Effect: Video-Game Console Makers Microsoft

Trade War Effect: Video-Game Console Makers Microsoft, Sony & Nintendo Prepare to Move Production out of China

by Wolf Richter, Wolf Street:

The bottom lines in a very competitive business are threatened.

Expected in 2020 is the release of 9th generation of video game consoles, and trade war concerns are affecting console as well as PC manufacturing in a big way. Currently over 96% of console production takes place in China – but with new 25% tariffs, confusion around if these will apply to game technology, and the possibility of additional issues are driving game corporations to diversify their assembly outside of mainland China, possibly leading a larger exodus of manufacturers.