HP, the US-based computing products manufacturer, is planning to relocate a substantial portion of its laptop manufacturing capacity from China to Mexico and Thailand, as reported by Nikkei Asia.
This move aims to expand its operations in the Southeast Asian region while better serving its North American market through Mexico’s growing computer production capabilities. The plan comes amidst a trend of other tech giants like Dell and Apple exploring similar supply chain diversification strategies, with Mexico emerging as a prominent player in the production of computers and electronics.
In 2022, Mexico’s computer exports to the United States surpassed automotive exports for the first time, reflecting the country’s rising influence in the computer manufacturing industry. Previously ranked second after China in the US computer market, Mexico’s market share has been steadily increasing over the past decade.
The country’s strategic location and strong presence of global electronic companies have positioned it as a key player, catering to the demands of the US and Canadian markets.