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Fukang Technology…really?
Fukang Technology is a subsidiary of Foxconn (also known as Hon Hai Precision Industry Company). It has been licensed to invest in building factories to manufacture 8 million MacBook and iPad products a year. Foxconn's total revenue in Vietnam amounted to $3 billion in 2019, $6 billion in 2020, and could reach $10 billion this year.
 
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So Apple continues to diversify…to another communist country that places little value on human rights and freedoms.

I recognize that labor costs are very important to remain competitive but can’t Apple provide opportunities to poor countries that don’t have horrific track records of human rights violations?
And here I thought Vietnam was a democracy… shows what I know. Sad. :(
 
So Apple continues to diversify…to another communist country that places little value on human rights and freedoms.

I recognize that labor costs are very important to remain competitive but can’t Apple provide opportunities to poor countries that don’t have horrific track records of human rights violations?
Name a few countries that fit your criteria who also have manufacturing proficiencies. Vietnam is more like the USA than China.
 
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Apple has plenty of margin to build iPhones in the USA and hold prices steady if they wanted to.
While I agree it would be great if apple built more of its products in the US, there's absolutely no way it could maintain its profit margin and keep prices where they are.
 
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Apple has plenty of margin to build iPhones in the USA and hold prices steady if they wanted to.

Really? Can you expand on that?

Where would Apple go in the US to manufacture 600,000 iPhones every day of the year (on the average) with the ability to instantly ramp that number up or down depending on demand (iPhone launches, Christmas, spring lulls, etc)?

Also...assuming an assembly house in the US could be found and considering the higher assembly costs (wages, benefits, overhead, profit for the assembly house), and Apple's required GPM, how would iPhone prices be held steady?
 
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Really? Can you expand on that?

Where would Apple go in the US to manufacture 600,000 iPhones every day of the year (on the average) with the ability to instantly ramp that number up or down depending on demand (iPhone launches, Christmas, spring lulls, etc)?

Also...assuming an assembly house in the US could be found and considering the higher assembly costs (wages, benefits, overhead, profit for the assembly house), and Apple's required GPM, how would iPhone prices be held steady?

It's a new world, Apple's "required" GPM is gone and not coming back. China is over, the handwriting has been on the wall for years - and access to cheap labor elsewhere is quickly drying up. Vietnam might let Foxconn/Apple belch more carbon into the air than they could here in the US, but they won't be saving that much all told.

This is why Apple is slapping ads all over iPhones now - they know the margin on the hardware is history, it's all in software now.
 
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It's a new world, Apple's "required" GPM is gone and not coming back. China is over, the handwriting has been on the wall for years - and access to cheap labor elsewhere is quickly drying up. Vietnam might let Foxconn/Apple belch more carbon into the air than they could here in the US, but they won't be saving that much all told.

This is why Apple is slapping ads all over iPhones now - they know the margin on the hardware is history, it's all in software now.

Again...where in the United States will Apple be able to manufacture 600,000+ iPhones per day (on the average), every day of the year?

Apple's GPM... If it's "gone and not coming back" Apple will be gone.

That's not going to happen.
 
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So Apple continues to diversify…to another communist country that places little value on human rights and freedoms.

I recognize that labor costs are very important to remain competitive but can’t Apple provide opportunities to poor countries that don’t have horrific track records of human rights violations?
My family is Vietnamese, and I've lived in Hanoi for the last five years as an expat (American). Vietnam is not China — it's almost like a quasi Socialist-Capitalist society (from my point of view). Apple should have moved manufacturing to Vietnam years ago. I'm not saying there aren't issues here in Vietnam, but it sure as hell isn't full-on communism like the CCP. It's a great country to visit, and I thoroughly love living here. I would love to see more Apple products made here instead of in China, but I'm sure Apple knows what they're doing. Just my two cents.
 
Is the $9,000 you’re quoting from a study or article? Where are you getting that number?
And without even thinking about the possibility of using such random number as a metaphor for insanely out of reach high prices. Heck, I can use $15000, it would achieve the similar effect, just feels More ridiculous than $9000, neither of which reflects how Apple would price their products in the near future.

But sure, nitpick on that number. :rolleyes:Yes, I feel a bit annoyed by your comment In case you didn’t notice.
 
And without even thinking about the possibility of using such random number as a metaphor for insanely out of reach high prices. Heck, I can use $15000, it would achieve the similar effect, just feels More ridiculous than $9000, neither of which reflects how Apple would price their products in the near future.

But sure, nitpick on that number. :rolleyes:Yes, I feel a bit annoyed by your comment In case you didn’t notice.

You’re annoyed that I’m asking for data about a number you’ve somehow arrived at? Okay…so you’re inventing numbers then?
 
You’re annoyed that I’m asking for data about a number you’ve somehow arrived at? Okay…so you’re inventing numbers then?
I just said that number is more of a metaphor, similar to how people say “I’m sitting here waiting for ages for you to arrive” or “this task would take a billion year to finish so we gonna need to change strategy”. Same effect.

sigh.
 
Labor costs are an excuse. There is a company making phones in the USA now. Most of the assembly is done by machine. Obviously there are workers doing some assembly but it is a lot less than people think.

The main cost is buying the machine to produce the phone.

Apple should produce phones for the US market in the USA. They could still use China for their domestic market.

If they set up a supply chain in the USA they might actually be a lot more competitive because they would have more control over the entire process.

Manufacturing in China is about politics and access to one of the largest potential customer markets in the world. It ultimately is about profit by access to a market.

However in their quest for endless profits they are selling out the USA and they could care less like most large corporations.

Personally until the USA actually takes action against large corporations and tells them if you sell high end manufactured goods in US market and you are a US company then you must produce at least for US market domestic manufacturing. If this was done across the board and applied to many different US corporations we would lift the standard of living for average American. Globalization is the biggest scam for American workers and the public at large in history. It only benefits the corporations and countries they export the labor and manufacturing too.
 
Sometimes I imagine a world where there are no least developed countries, everybody would have the same currency, same labour cost and working hours.
The new iPhone made in USA - starting only at 9 999$, who's gonna buy it?
Yeah that price is at least seven years away. Good news is it still won't be made in the USA.
 
Sometimes I imagine a world where there are no least developed countries, everybody would have the same currency, same labour cost and working hours.
The new iPhone made in USA - starting only at 9 999$, who's gonna buy it?

That will also mean that Americans will be at least 6 times poorer than they are now.
 
What keeps costs down is people living in areas with a lower cost of living.

There are many areas in the world that have low costs of living yet do not suppress their citizens. There are even first-world countries where a family can survive happily on a salary what would be considered near poverty here in the US.

A government can do a lot to harass its citizenry and keep them down. But a government can also allow for personal freedoms and encourage commercial investment yet still allow the market to dictate salaries which has the dual benefit of bringing jobs to the area and providing socioeconomic growth.

Why your labour is valued more than their labour for an identical task?

Lower cost of living is the result of economic slavery. It's the collective overvaluing of one and the undervaluing of another. The net result is wealth transfer from one part of the world to another via trading. This is basic Macroeconomics.
 
Labor costs are an excuse. There is a company making phones in the USA now. Most of the assembly is done by machine. Obviously there are workers doing some assembly but it is a lot less than people think.

The main cost is buying the machine to produce the phone.

Apple should produce phones for the US market in the USA. They could still use China for their domestic market.

If they set up a supply chain in the USA they might actually be a lot more competitive because they would have more control over the entire process.

Manufacturing in China is about politics and access to one of the largest potential customer markets in the world. It ultimately is about profit by access to a market.

However in their quest for endless profits they are selling out the USA and they could care less like most large corporations.

Personally until the USA actually takes action against large corporations and tells them if you sell high end manufactured goods in US market and you are a US company then you must produce at least for US market domestic manufacturing. If this was done across the board and applied to many different US corporations we would lift the standard of living for average American. Globalization is the biggest scam for American workers and the public at large in history. It only benefits the corporations and countries they export the labor and manufacturing too.

Which major smartphone company(s) manufactures their phones in the United States?

And how many phones are manufactured per day? Is it anywhere even close to Apple's 600,000+ iPhones manufactured every day of the year?
 
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