Floating Button
Home News Company in the news

Global Invacom relocates China operations to the Philippines amid rising costs, warns of net loss for FY19

Uma Devi
Uma Devi • 3 min read
Global Invacom relocates China operations to the Philippines amid rising costs, warns of net loss for FY19
As one of the MNCs affected by US-China trade war tariffs, Global Invacom will completely cease operations in China and relocate to the Philippines by June.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Jan 15): Global Invacom, the global provider of satellite communications equipment, is expecting to book a net loss for FY19 as it makes “significant changes” to its operations.

As a result of the ongoing US-China trade war and its tit-for-tat tariffs, Global Invacom says it is just one of the affected multinational companies with operations in China.

For 2019, some 25% of the group’s manufacturing output came from China.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.