In a rare move for a US tech company, Fitbit is pulling nearly all of its device manufacturing out of China amid a trade war between the world's two largest economies
New York In a rare move for a US tech company, Fitbit is pulling nearly all of its device manufacturing out of China amid a trade war between the world's two largest economies.
The company announced Wednesday that"effectively all trackers and smartwatches" starting in January"will not be of Chinese origin" as a result of US tariffs.Fitbit 's stock briefly ticked up Wednesday morning after the announcement, then fell around 1.5% from its previous close.
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