Dyson's move to Asia has drawn criticism
British electronics company Dyson is moving its head office from the United Kingdom to Singapore to be closer to the company's fastest-growing markets, it announced on Wednesday - despite founder Sir James Dyson having been an enthusiastic Brexit supporter.
Dyson had previously said he was "enormously optimistic" about the effects of Brexit, and the company said the move to the Asian country where it will build its new electric car was not related to Brexit or tax implications, and much of its product development would remain in Southwest England.
"We don't see any issues regarding Brexit," Chief Executive Jim Rowan said, adding that Dyson is a global technology company, whose manufacturing capacity, as well as the majority of its supply base, is in Southeast Asia. He also said Dyson would continue to invest in its home market in Britain.