GoPro to Move U.S.-Bound Camera Production Out of China [TheStreet.com]
GoPro, Inc. - Class A (GPRO)
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Source: TheStreet.com
GoPro expects the move to be low cost since the company owns its own production equipment. Tony Owusu Dec 10, 2018 11:55 AM EST YouTube GoPro Inc. ( GPRO ) will combat the increased burden caused by the trade war between the U.S. and China by moving production of its U.S.-bound products out of China by the summer of 2019. Non-U.S.-bound camera production will remain in China, the company said. Today's geopolitical business environment requires agility, and we're proactively addressing tariff concerns by moving most of our U.S.-bound camera production out of China, said Brian McGee, executive vice president and chief financial officer of GoPro. We believe this diversified approach to production can benefit our business regardless of tariff implications. The company emphasized t
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GPRO
Earnings
- 2/7/24 - Beat
GPRO
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- GPRO's page on the SEC website