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00:02Trump Organization's newly launched T1 smartphone promoted as U.S. build is likely to be manufactured in China, according to CNBC.
00:09Though Trump's company claims the $499 gold-covered Android device will be built in the U.S.,
00:14analysts say it is almost certainly designed and produced by a Chinese-original device manufacturer.
00:19IDC's Francisco Geronimo called full U.S. manufacturing completely impossible,
00:25citing a lack of domestic capability.
00:27Experts from CounterPoint Research echoed this, putting out the most smartphone components
00:31are sourced from South Korea, Taiwan, Japan, and China.
00:35While some memory components could come from the U.S.-based Micron,
00:37the supply chain remains predominantly global.
00:40Trump has previously pressured companies to manufacture in the United States,
00:43but experts maintain that such a shift would require years and raise prices dramatically.
00:48For all things money, visit Benzinga.com.
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