HP Reaffirms Commitment to China Amid Diversification Efforts

The tech giant denies reports of major production shift while enhancing global supply chain flexibility.

HP labels reports of shifting over half of its computer production from China as 'fake news.'
The company emphasizes China's crucial role in its global supply chain and manufacturing operations.
HP is optimizing strategies to boost supply chain resilience and better serve global customers.
Expansion includes new production sites in Thailand, Mexico, and India to mitigate geopolitical risks.
Other tech firms like Apple and Dell are also diversifying their supply chains outside of China.