Hong Kong computer electronics manufacturer PC Partner Group, a large assembler of graphics cards using Nvidia chips, has become the latest company to scale back from mainland China amid intensifying tech supply chain pressure.
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The company said in a statement on Friday that it has relocated its headquarters to Singapore and made a secondary listing on the city state’s exchange, with the goal of expanding research and development (R&D) and manufacturing in Southeast Asia. It started operating a new factory in Indonesia last week.
The company first announced plans for the move in August.
PC Partner, which was founded in 1997, is choosing to relocate at a time when many multinational businesses are under pressure to scale back business ties in China, a casualty of geopolitical tensions with the US. US president-elect Donald Trump has threatened to impose 60 per cent tariffs on Chinese products when he returns to the White House in January. It is also expected to become harder for China-based businesses to access advanced semiconductor components.
Nvidia is restricted from exporting its most advanced chips – including its consumer-grade flagship graphics processing unit (GPU), the GeForce RTX 4090 – to Chinese clients. Nvidia is expected to launch its next-generation 50-series GPUs at the CES electronics trade show in Las Vegas in January.
PC Partner is an assembler of a variety of video gaming hardware, selling its products under the brands of ZOTAC, Inno3D and Manli. The company also provides manufacturing services to other brands.