Last Monday, GoPro broadcasted that the manufacturing of their product targeted toward the U.S. market will be done outside China. This is to circumvent issues that might arise due to ongoing conflicts between Washington and Beijing.
As for cameras that will not be marketed inside the US, the manufacturing of the cameras in China will continue.
According to Brian McGee, GoPro’s executive vice-president and CFO, moving the production of cameras outside China is a big leap for them but will lessen issues surrounding tariffs on their products.
The trading conflict between the two superpowers has gone on for several months. On December 1, leaders approved a 90-day ceasefire.
GoPro themselves own the primary resources used in the manufacturing of their products. They only go to China for additional services.
