Fitbit to Shift Manufacturing Operations Outside of China From January

The New York Times Finance 1 month ago

(Reuters) - Wearable device maker Fitbit Inc said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January, in response to the ongoing tariff threat.

"We began exploring potential alternatives to China" in 2018, Fitbit Chief Financial Officer Ron Kisling said in a statement.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Shailesh Kuber)


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