Lenovo is already preparing to move to Saudi Arabia by 2026
Lenovo plans to start production in Saudi Arabia by 2026
The biggest benefit is 10% vs. 245% reciprocal tax
US PC market is 27% of global market
Major PC makers like Lenovo, HP and Dell are reportedly exploring building new manufacturing plants in Saudi Arabia in order to avoid high US tariffs on Chinese-made goods.
A new report by DigiTimes (via Tom’s Hardware) said Lenovo looks to be the furthest alone, having announced a PC and server assembly plant in Riyadh in January this year, backed by a $2 billion investment from a Saudi Public Investment Fund subsidiary.
With production set to start by 2026, the Hong Kong-based OEM’s plans would see it open a new Middle East and Africa (MEA) headquarters in Saudi Arabia, “[enhancing] its global presence.