Foxconn to Lose Top-Tier iPhone Assembly Allocation for First Time

[MYZ]

India has, at least on paper, a *bit* better labor laws for these kinda of factories. Enforcement is… lax and corrupt… but hopefully Apple will keep pressure on compliance to keep any disruptions to production away.

Can you point to which aspects of the labor laws on paper are better in India for manufacturing facilities?

From what I understand, Indian labor laws vary a lot more from State to State, but the on paper laws where suppliers currently have their factories in India are significantly looser then Guangdong and Henan where the products are usually assembled.

Except for the ability to form and join an independent union, which although can be a big deal is very unlikely to happen considering the circumstances.

Given roughly equal enforcement competency, it's more likely the average worker in India will have lower pay for longer hours with even less regulatory protection.

See https://www.mcgill.ca/ihsp/files/ihsp/world_equity_india_and_china.pdf

for a brief analysis.

 

[justperry]

Can you link to a source?

Short answer...nope.

Longer answer, I lived in Asia for a long time, reading the news daily, and my interest is wide, I still read lots
of news, know that India is difficult to do business in as a foreign company.
You can't have 100% ownership as a foreign company, you need locals, there are no subsidies for those companies, not in India.
As for China, no ffing way they give subsidies to foreign companies, 100% guaranteed.

 

[MYZ]

Short answer...nope.

Longer answer, I lived in Asia for a long time, reading the news daily, and my interest is wide, I still read lots
of news, know that India is difficult to do business in as a foreign company.
You can't have 100% ownership as a foreign company, you need locals, there are no subsidies for those companies, not in India.
As for China, no ffing way they give subsidies to foreign companies, 100% guaranteed.

Just one example of huge subisdies being given to Foxconn by a provincial government in China: https://www.reuters.com/article/us-foxconn-chips-sharp-idUSKCN1OK0WQ

"The total investment could add up to around 60 billion yuan, or $9 billion, most of which would be shouldered by the Zhuhai government through subsidies and tax breaks, the Nikkei said, citing people familiar with the matter."

This was the fourth ranked google result for 'provincial subsidies to foxconn and apple'.

 

[_Spinn_]

Wow this is very unexpected!