Oct 9, 2019 - Economy

Fitbit will move production out of China amid trade war

Ursula Perano

Fitbits. — Photo: Rachel Murray/Getty Images for Fitbit Local

Fitbit Inc., which produces wearable fitness devices, will move its production out of China in January amid the ongoing U.S.-China trade war, Reuters reports.

The big picture: In June, Fitbit joined a group of more than 600 companies to pen a letter in opposition to the trade war, specifically regarding President Trump's plan to continue raising tariffs on Chinese products.

Fitbit said it began looking to move during 2018 as the trade war heated up.
It has not yet revealed where it will be relocating.

Between the lines: Reuters reported last month that Fitbit is also in talks to be bought by an investment bank.

Go deeper: Data collection from fitness tech has crime-solving capabilities

Add Axios on Google

Fitbit will move production out of China amid trade war

What to read next