A major group behind brands such as Inno3D, Manli and Zotac, PCPartner is one of the first to pack its bags.
The economic, political and strategic tensions between China and the United States are nothing new. In fact, they date back to the rise in power of the former, which intends to carry more and more weight on a global scale. It's hard to say today whether Donald Trump, in his second term at the helm of the United States, will step up the pressure on China, but it's hard to see him drastically reducing the economic sanctions he had partly put in place during his first four years as president. The PCPartner group seems to have already decided that the current situation is untenable.
https://x.com/hkepcmedia/status/1857791738657870326
Little known in France, PC Partner is the name behind the Inno3D, Manli and Zotac brands, well known to graphics card enthusiasts in particular. Logically, PCPartner has been hard hit by US sanctions, even though its factories were all located on Chinese soil. A few weeks ago, the Group set up new facilities in Indonesia to prepare for the launch of the new NVIDIA graphics cards, expected early next year. Clearly satisfied with the results, PC Partner has decided to go one step further.
A few days ago, it was decided to move the company's headquarters from Hong Kong to Singapore. PC Partner explained that "its shares were successfully listed on the main board of the Singapore Stock Exchange (SGX-ST)", before adding that " the shares remain mainly listed and traded on the main board of the Hong Kong Stock Exchange (HKEX) ". PC Partner's move is therefore still only partial, but it nonetheless shows a strong disengagement on the part of the company, which is seeking to protect itself from any escalation between the two superpowers. So far, we've heard of no other tech companies doing the same, but as the United States increasingly blocks high-performance information products destined for China, the move could well gain momentum.
