Thursday, November 24th 2022
NVIDIA to Relocate Logistics Center From Hong Kong to Taiwan
According to news out of Taiwan, NVIDIA is getting ready to move its logistics center from Hong Kong to Taiwan. The information comes from Taiwan's Minister of Economic Affairs, Wang Mei-Hua, so the source should be fairly reliable. The Taiwanese government has apparently been in negotiation with NVIDIA since some time last year and the two have now reached a consensus.
The media report didn't mention where NVIDIA will locate its new logistics center, but the company and the Taiwanese government have been discussing tax subsidies to help facilitate the move. Wang told the local media that the new logistics center should boost the local industry, least not because NVIDIA is already working with TSMC, as well as many other local suppliers and manufacturers. No details were given on when the move would take place, but it's likely to be a transition that will be drawn out, due to the fact that NVIDIA is still going to have to supply all of its customers during the move.
Source:
Focus Taiwan
The media report didn't mention where NVIDIA will locate its new logistics center, but the company and the Taiwanese government have been discussing tax subsidies to help facilitate the move. Wang told the local media that the new logistics center should boost the local industry, least not because NVIDIA is already working with TSMC, as well as many other local suppliers and manufacturers. No details were given on when the move would take place, but it's likely to be a transition that will be drawn out, due to the fact that NVIDIA is still going to have to supply all of its customers during the move.
39 Comments on NVIDIA to Relocate Logistics Center From Hong Kong to Taiwan
Seems like a pointless move seeing China is about to pounce on Taiwan.
So the only pro for consumers might be better availability. Well, at least something.
Mods, sorry for the off-topic.
Good for them. The more we move out of China the better. Nobody (especially foreigners) wants to be in China anymore. At least when I first moved there in 2004 it was affordable. Not now, so there aren't even any financial benefits to live there.
Living the good life on $300 per month rent is long gone. Police state and high prices is all you get now.
When I moved to Taiwan and realized that I was free for the first time in years, it was a wonderful feeling. Just having the internet work properly was such a blessing!
The Chinese government in 2022 is pretty crazy compared to what I dealt with 15 years ago. Feel sorry for everyone left in China. It's not going to a good place.