US wearable device maker Fitbit said it will manufacture all its trackers and smart watches outside China from January as it is looking to insulate itself from tariffs.
The company said it began exploring alternatives to China in 2018 as Washington and Beijing engaged in a tit-for-tat tariff war that has upended global supply lines and roiled financial markets.
Fitbit in June joined a group of companies in filing letters of opposition to US President Donald Trump's plan for more US tariffs on Chinese goods.
The tariffs would result in a competitive advantage for Chinese device makers in the US market, the company had said.
Fitbit's smart watches, along with Apple's AirPods, Apple Watch and HomePod, smart speakers from Amazon.com and Alphabet's Google, failed to win a reprieve from the 10 percent US tariff that started from September 1.
Fitbit did not reveal the new manufacturing location, only saying it will provide more details of the impact of the move during its upcoming third-quarter conference call.
Shares of the company were down 1.36% in pre-market trading.