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China shifts from factory to HQ role in global electronics supply chain
South China Morning PostLO·CN·3 days ago
US cable maker Belden is shifting its European manufacturing from the Netherlands to Hungary, leasing a 42,000 sqm facility near Budapest. This marks a consolidation of its European production network, likely driven by cost and supply-chain considerations. The move signals continued reshoring of manufacturing to Central Europe, with implications for regional industrial capacity and trade flows.
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