For Singapore-based contract manufacturer Watson EP Industries, a Joe Biden presidential victory is a “ray of hope in the time of Covid-19” as the pressure has eased on it having to move its audio speaker production for the United States market out of China.

Already hit by high tariffs from the US-China trade war, its US clients had considered moving production to avoid having to keep paying tariffs as pandemic-induced lockdowns took their toll on global demand for audio speakers at concerts and events.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.





READ SOURCE

READ  Milken Abu Dhabi forum hears why big data is a big deal

LEAVE A REPLY

Please enter your comment!
Please enter your name here