Part 8/16:
Component and Battery Production: Companies like TDK are moving battery manufacturing out of China, aiming to produce smartphone batteries in India by the end of 2025. These shifts are indicative of a broader desire to diversify supply chains away from China.
Retail: Family Mart shuttered nearly 100 stores in northern China, consolidating operations in more stable regions like the Yangtze River Delta and Pearl River Delta. Some companies are adopting joint venture or franchise models to mitigate risks.
This wave of downsizing, relocating, or shutting down reflects a broader strategy among Japanese companies to hedge against political instability, economic uncertainty, and rising operational costs.