• Wearable device Fitbit to shift production out of China from January

    11 days ago - By Reuters

    Fitbit Inc will manufacture all its trackers and smart watches outside China from January, the wearable device maker said on Wednesday, the latest U.S. company looking to insulate itself from tariffs.
    Read more ...

     

  • Fitbit will move manufacturing outside of China to avoid US tariffs

    Fitbit will move manufacturing outside of China to avoid US tariffs

    11 days ago - By Business Insider

    Fitbit announced on Wednesday that its in the process of moving all of the company's manufacturing operations out of China amid the ongoing threat of US tariffs.
    The company said it started looking for other locations to manufacture its trackers and smartwatches after the US-China trade war began in 2018.
    According to Fitbit's statement, the company will provide more details on the financial impact of the transition during its third-quarter earnings call.
    Shares of Fitbit tumbled as much as 3% on the news.
    Visit the Business Insider homepage for more stories .
    Fitbit said on Wednesday that...
    Read more ...

     

  • Fitbit to shift manufacturing operations outside of China from January

    11 days ago - By 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.
    Read more ...