# HP shifts production back to China as costs soar — retained record

> Retained news record from news:semafor.

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source: [news](https://highsignal.app/data/news) (news:semafor)  published 2026-10-28 22:26 ingested 2026-10-29 03:03

[original source ↗](https://www.semafor.com/article/10/28/2026/hp-shifts-production-back-to-china-as-costs-soar)

## retained text



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Leading PC makers are shifting some production back to China as costs bite. Firms including US-based HP — which had planned to shift more than half of its production out of the country in a “China+1” strategy — are moving some manufacturing back to offset surging memory and storage chip prices fueled by AI demand.
Despite the risk of rising Western protectionism, experts believe more companies will return: “China’s supply chain retains a distinct advantage,” an analyst said.
Tech giants like Apple have sought to create alternative supply chains in India, which has spent billions to attract high-tech manufacturing. But “paying its suppliers ever-larger subsidies in the hope of recreating China is unlikely to be a winning trade,” a Bloomberg columnist argued.
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document fetched 2026-10-29 03:03 · canonical https://semafor.com/article/10/28/2026/hp-shifts-production-back-to-china-as-costs-soar
