Foxconn is inching towards respectable treatment of its employees, which will by definition make them unprofitable. When you look at Chinese government policies on quai moving out of the country, their black market exchange rate (moving closer to the official exchange rate), and rising wages for blue collar workers in China, the cost of manufacturing in China is going up for foreign companies. I wouldn’t be surprised to see Apple make a big move in their manufacturing. The interesting question is where? Obviously Bangladesh and Vietnam are the destinations of choice for low cost, but do they have the skills and infrastructure to assemble Apple’s stuff?
If I were a linkbaity tech journalist (is there any other kind?) I would write an article suggesting AAPL move some manufacturing to the American South. Can you imagine the corporate welfare bidding war that would erupt if AAPL suggested they might maybe consider opening a plant in the West?
If I were a linkbaity tech journalist (is there any other kind?) I would write an article suggesting AAPL move some manufacturing to the American South. Can you imagine the corporate welfare bidding war that would erupt if AAPL suggested they might maybe consider opening a plant in the West?