Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The Donald needs to learn something about the global economy of the 21st century that isn't built around 19th century mercantilism, 20th century real estate development and one's personal branding.
Quote:
Originally Posted by J.Thomas
Labor cost is skyrocketing in China.
As if China is the only source of low cost manufacturing.
Indeed, it’s happening already, and other factors are helping to accelerate the growth. Labor costs in Indonesia are relatively low. The country’s annual minimum wage is US$1,163, below China’s US$2,472. Furthermore, the Indonesian government is implementing new policies that heighten the cost to import phones, while at the same time it lowers the barriers to setting up a smartphone factory.
Despite fast-rising wages, China’s factories are still far cheaper than their rich-world rivals. Many pay their employees just above the minimum wage, which at about $270 a month in China is less than a quarter that in America.
If companies move production here because a more favorable climate, this is good. If they are moving here because of tariffs imposed on imports, this is a failure.
google already tried this. gave up and sold the whole thing to the Chinese, lock stock and barrel.
Quote:
"Manufacturing or assembling smartphones in the U.S. was always going to end in tears for Motorola," said Neil Mawston, an analyst for Strategy Analytics. "The U.S. is well-positioned to design smartphones, as Apple does successfully, but manufacturing them is a whole different ballgame." No longer made in USA: Motorola Mobility will shut down factory in Texas : BIZ TECH : Tech Times
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
