tariff / geopolitical pressure
high
low
Pixel final-assembly relocation: China to Vietnam and India
Tariff / geopolitical de-risking
the driver, not pure cost
2
China
majority of Pixel assembly
tariff exposure
1
India
assembly since Pixel 8
Make in India boost
Foxconn Tamil Nadu
Dixon
4
Vietnam
high-end Pixel ramp
3
relocation
high-end Pixel
all Pixel out of China
around Pixel 12 · 2027
5
transition costs
Devices margin pressure
6
no domestic Pixel sales
low exit cost
precedent: Samsung China exit · contrast: Apple's slower, India-weighted shift