Taipei, Aug. 13 (CNA) Sercomm Corp., a Taiwan-based wireless network and broadband equipment supplier, will increase the ratio of its global production in its factory in the Philippines and lower the ratio in China amid escalating trade friction between the United States and China, Investor.com.tw reported Tuesday.
In an investor conference, according to the report, Sercomm President James Wang (王煒) said his company has set up a third production site in the Philippines after one in Taiwan and another in China, and is planning to raise the weighting of the Southeast Asian country in its global production to 30 percent from the current 20 percent.
The Philippines factory went into operation in the second quarter of this year, the report said.
China will account for 50 percent of Sercomm's total production, down from the current 60 percent, while Taiwan's weighting is expected to remain unchanged at 20 percent, Wang said in the report.
Read more: Focus Taiwan
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