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Apple Supplier Foxconn to Build $270 Million Plant in Vietnam, Likely for MacBook and iPad

iGüey said:
So US, foreign policies and Apple are the ones to blame for high unemployment rates in Honduras and not your useless government?

As Mexican I can tell you that Mexico is not heaven and we are also dealing with bad jobs conditions and unemployment, but c’mon! Let’s be serious and not blame externals when we know that our politicians are the first responsibles of the mess, and for better or worse, us as citizens are the responsibles for the governors we elect and we have. By the way, I don’t support Mexico’s current government nor president, so I’m looking forward to reduce him political influence in the next elections.

That being said, US, UN and some first world countries could do much more to combat inequality than they are doing, I admit, but we shouldn't even hint that they are the ones to blame, because that would not be fair.

Peace!
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I'll answer this once because this is not a PRSI thread:

US policy has been continuous in one thing: to support the useless government. If it were up to the actual people, the current useless government would have been ousted 3 years ago during illegal reelected president second presidency bid. What happened? The US was quick to ascertain the reelection result was done properly and no fraud despite being overwhelming evidence and even the OAS stating so.

This government has caused the economic downfall that has caused people to flee. Why is this happening despite people wanting him out? The US gave him cash and BlackOp training to his military police to weed out people trying to organize when trying vote him out, so we don't have a real leader to oppose the arse-hole. The coup d'etat that happened in 2009 and sent us down this path? US backed. So yes its US foreign policy directly at fault for providing the means of keeping the useless government intact.

Oh, and by the way, the president is smeared in known drug trafficking and money laundry schemes. His own brother was arrested and tried in the US and sent to US PRISION over this. During that trial, the evidence presented by the District Attorney showed the president and his brother being the masterminds behind all of it. What does US policy do? Nothing, just ignore this fact and help him keep his power grab.

Now, like all guilty people, the US is trying to pressure people (and the Mexican government) to force them to go back when what they have here is nothing. Not gonna lie, there are job opportunities, but only for those few select that enjoyed the means to achieve them. Your average Joe won't get lucky.

Also, where the f am I blaming Apple? I am just in agreement jobs done in Central America could reduce the impact of mass migrations.

Peace!
 
q64ceo said:
The lack of high-wage jobs that allow Americans to move upwards has resulted in these events that we are experiencing today.

Do you know how many still live at home in 2021?

This is a national security issue. We need high paying manufacturing jobs back.
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High paying manufacturing jobs don't really exist because of automation unless you expect companies its to overpay their employees just so you feel good about your purchases. Minimum wage jobs are also at risk but America's labor pool is not trained or even grateful for that many low wage jobs. There is also an large environmental impact on the U.S. if we were to manufacturer own devices here which is why we sub it out to other countries willing to take the environmental hit. The best move is to diversify manufacturing around the world so no one relies too much on China.
 
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Codeseven said:
Current number of unemployed Americans, 12.6 Million.
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across the country. There's no 12.6 million people in 1 commutable place to work at a factory. I don't know what argument you're trying to make because you're just wrong. No matter how you slice it, you're wrong. Get over your stupid pride and accept 2 facts, Biden won the election fair and there's not enough people in 1 place to work at a iPhone factory in your country.
 
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az431 said:
Yes, really. For starters, where do you expect do find 800,000 people with the skills to assemble electronics within a 50 miles radius of a factory? That's almost the entire population of Austin, TX. Tesla employs 10,000 in Fremont, which is in one of the largest population centers in the US, and still can't fill every job.

Even if you could somehow find a few hundred thousand people to show up to work at this hypothetical factory, what are you going to pay them? The average US factory worker (non-union) earns around $20 an hour. In China, Foxconn workers earn around $4 an hour. That's 500% more for labor alone.

How will you build this factory? The Foxconn iPhone factory is 15 million square feet, roughly triple the size of the Boeing factory, the largest in the US. You would need around 1,500 acres situated near this mythical urban area with 800,000 people who can show up to work every day. Then there are the construction costs, which would be 10 times higher than in China, India, or Vietnam.

You really have no clue what it takes to build and run a factory at this scale.
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Exactly. You understand. The people commenting against what I wrote are too stupid to understand the facts.
 
China is growing have been growing fast for a while. Vietnam is a big alternative now since they provide workforce at 30% discount in comparison. A lot of companies are starting to move there.
 
mtneer said:
This could have been done in Guatemala or Honduras. Could have brought some jobs, peace and stability for that region.
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Nothing will bring peace and stability for that region just as NAFTA didn't do it for Mexico. They are failed States
 
MacRumors said:


Apple supplier Foxconn has been granted a license to construct a new $270 million plant in Vietnam, likely to manufacture MacBooks and iPads (via Reuters).

foxconn.jpg


The new plant, to be developed by Fukang Technology, will be located in the northern Vietnamese province of Bac Giang. Upon completion, the location is projected to be able to produce eight million laptops and tablets annually.

Foxconn is one of Apple's largest manufacturing partners. In November last year, Apple urged Foxconn to move some of its iPad and MacBook assembly from China to Vietnam as the company seeks to diversify its supply chains away from concentration in China. It therefore seems highly likely that these laptops and tablets are in fact MacBooks and iPads to supply Apple.

Foxconn has reportedly invested $1.5 billion in Vietnam so far, and plans to raise its investment by a further $700 million and recruit 10,000 additional local workers this year. Foxconn is also said to be considering another $1.3 billion investment for facilities in Thanh Hoa province.

Article Link: Apple Supplier Foxconn to Build $270 Million Plant in Vietnam, Likely for MacBook and iPad
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This will just an assembly factory. About 100 miles from China land border. Not any high tech jobs. All components are made in China, Taiwan, Japan, US ....
 
svanstrom said:
Nice; I absolutely love seeing Apple being less reliant on the mood of the CCP.
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Vietnam is a one-party state. A Socialist-oriented economy, with the long-term plan of becoming a full-blown socialist market economy, very much like China.

Vietnam is just less powerful and more malleable. The move is less political than merely economical.
 
Festone said:
Vietnam is a one-party state. A Socialist-oriented economy, with the long-term plan of becoming a full-blown socialist market economy, very much like China.

Vietnam is just less powerful and more malleable. The move is less political than merely economical.
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Simply put: Vietnam is far from being China; and right now that's good enough. The CCP is dangerous, and must be stopped. Vietnam is, simply put, too small to become such a problem no matter if their political development turns for the worse.
 
You would think a $2 trillion company would be able to spare a few hundred million to revitalize one of the struggling areas in the USA, if anyone has the capital to do that then it's Apple (as long as you could prevent people stealing stock when it was opened of course).

Obviously financially it's easier to go with Foxconn who have the existing expertise and organizational structure for fabrication, but there must be areas in the production chain which could be relocated inside America without being overtly financially onerous.
 
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MJaP said:
You would think a $2 trillion company would be able to spare a few hundred million to revitalize one of the struggling areas in the USA, if anyone has the capital to do that then it's Apple (as long as you could prevent people stealing stock when it was opened of course). I feel like Apple have let their home country down.
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You want them to do projects like these: Apple launches major new Racial Equity and Justice Initiative projects to challenge systemic racism, advance racial equity nationwide?

Apple is actually already doing a lot, it's just getting less press, and doesn't always get added on to every other story about Apple. So go have a look-see in the Apple newsroom; and hopefully you'll find the exact type of project that you wish Apple would do. :)
 
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newyorksole said:
I’m not sure how an electronics factory would bring peace and stability to a region. Maybe I’m ignorant.

There’s clearly a reason why Apple and other corporations utilize Asian countries for manufacturing.
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Apple is cheap and only cares about Maximizing profits for shareholders
 
eMacKilla said:
There's not enough people to build apple products in America. There are only 17 cities in the USA that has a max population that could equal or better the number of employees at the Foxxcon plant where iPhones are made. There are over 800,000 employees in that factory that make iPhones. Let that sink into your head. There's no way, iPhones or any apple products could be made in the USA. There's simply not enough workers to do it unless every single person in Indianapolis is going to quick their existing jobs to build iPhones.
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FoxConn only has a little over 800,000 employees TOTAL.
They don't have a single factory with 800,000 employees.

And there's no problem with building USA products in the USA for USA people.
That'd save a lot of greenhouse gasses from escaping those big ships that spew them into the oceans and air.
 
Is Vietnam a safe political environment to invest so heavily in it? Also, aren't they influenced by the Chinese gov? China now is bullying nations around the world to do what they want by different means. Foxconn should invest in something totally away from China like Africa or South America. My opinion only.

q64ceo said:
The lack of high-wage jobs that allow Americans to move upwards has resulted in these events that we are experiencing today.

Do you know how many still live at home in 2021?

This is a national security issue. We need high paying manufacturing jobs back.
Click to expand...

If things continue this way, US economy will crumble and America will be 3rd world and China will be developed. Then the Chinese will turn back to US for manufacturing because its cheaper there, then the whole cycle will start again I guess. The US is already $1T in debt to China...scary number.
 
MacBH928 said:
Is Vietnam a safe political environment to invest so heavily in it? Also, aren't they influenced by the Chinese gov? China now is bullying nations around the world to do what they want by different means. Foxconn should invest in something totally away from China like Africa or South America. My opinion only.



If things continue this way, US economy will crumble and America will be 3rd world and China will be developed. Then the Chinese will turn back to US for manufacturing because its cheaper there, then the whole cycle will start again I guess. The US is already $1T in debt to China...scary number.
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It's been forecasted that China's economy will surpass that of U.S. by 2028.
 
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