Foxconn's Wisconsin Site Will No Longer Be a Factory for Smartphone Displays, Instead Focusing on R&D

Discussion in 'iOS Blog Discussion' started by MacRumors, Jan 30, 2019.

  1. japanime macrumors 68000

    japanime

    Joined:
    Feb 27, 2006
    Location:
    Japan
    #51
    December 6, 2018, Episode #132. It's a very interesting episode.
     
  2. iVoid macrumors 65816

    Joined:
    Jan 9, 2007
    #52
    Yeah, not exactly a hotspot for IT engineers.
     
  3. npmacuser5 macrumors 65816

    npmacuser5

    Joined:
    Apr 10, 2015
    #53
    Corporate strategy that works every time. Society (Socialism) takes All the risks while business (Capitalism) takes All the profits. Love it when a plan comes together!
    --- Post Merged, Jan 30, 2019 ---
    The minimum wage in 1975 $9.80 adjusted for inflation today. In 1965 the minimum wage was $11.16 adjusted for inflation today. The numbers continue with this trend to today.

    The numbers are just the inflation side as calculated using a matrix that does not really show the true costs for minimum wage earners. Businesses have had a cheap ride on American minimum wage workers for 50 plus years.

    Manufacturing in the US will continue towards automation, fewer and more highly technical jobs, that will never return to the days of thousands of jobs paying middle income wages. The good news, with highly skilled robotics, more complex items could be built in the US cost effectively. The sad part, massive numbers of manufacturing jobs will not be needed.
     
  4. ThunderSkunk, Jan 30, 2019
    Last edited: Jan 31, 2019

    ThunderSkunk macrumors 68030

    ThunderSkunk

    Joined:
    Dec 31, 2007
    Location:
    Milwaukee Area
    #54
    The feeling is mutual.
    --- Post Merged, Jan 30, 2019 ---
    Not Racine, no. All the engineering schools are based in Madison and Milwaukee, (w/ a few scattered throughout the northwoods), and the good number of engineers they turn out typically either stay in that beltline, or leave the Midwest altogether. The universities do a pretty good job of keeping tabs on them. Racine & Kenosha were talked up as labor pools for an assembly plant. ...by politicians. Anyone in Industry in the last 30 years who’s been paying attention took one took and said Foxconn is full of it. Not only is it on the Illinois border and practically a handout to Chicago (to hear the Illinois governor outright thank us for the gift was funny), but who are you trying to kid about hiring tens of thousands of low paid laborers for repetitive assembly work in 2019? In the absolute joke of a town hall meeting held, representatives from Foxconn & our handsomest corrupt government stooges were asked if they could guarantee those jobs would not be replaced by robotics within 3 years. They said no they couldn’t. How about 6 months? No we can’t promise that. Well no kidding you can’t. What they got was a land grab, a tax dodge, and a fervor of anti-environmentalism for our crosseyed simpleton governor to try to appeal to blue collar factory workers in a depressed area around, amid his own dreams of the presidency. Not surprisingly, none of it worked. Now that a Dem, any Dem, replaced him, there was no way this was going to continue as planned. It never really was in the first place...
     
  5. ssgbryan macrumors 6502a

    ssgbryan

    Joined:
    Jul 18, 2002
    #55
    Manufacturing jobs aren't going to be the problem going forward. The white collar folks are going to get their turn in the barrel, even as the fast food industry gets automated. If a robot can do knee or hip replacement surgery, don't need as many doctors. If a computer can make a correct diagnosis for cancer 90% of the time, why pay a doctor to get it right half the time. If a robot can do all of the legal research, fewer shysters are needed.

    UBI is coming. A society based on consumer spending can't function if consumers don't have jobs.
     
  6. EssentialGadget macrumors newbie

    Joined:
    Aug 30, 2013
    #56
    Here's how this scam works. Now they need engineers. Can't find any local so they need more H1B Visas. Trump and politicians give them those Visas so the failure isn't even worse.

    This drives down engineering salaries in the US and especially locally. They will be paying 40-60% the going rate for those engineers.

    Foxconn gets huge tax breaks, USA facility that can hire lots of overseas talent cheap since they get overallocated H1Bs and those engineers want to come to USA.

    Net - your local and national tax dollars pay for their facility and employees. To top it off, those employees won't actually spend enough locally to make up for it due to lower salaries, culture, and remittances back to their families out of USA.
     
  7. Canyonero macrumors member

    Joined:
    Apr 2, 2012
    #57
    Now that Foxconn reverses their decision, please make sure to put out another news story.
     
  8. hagjohn macrumors 6502

    hagjohn

    Joined:
    Aug 27, 2006
    Location:
    Pennsylvania
    #58
    Economics 101 tells you that this plant has no long term viability.
     
  9. ronntaylor macrumors regular

    ronntaylor

    Joined:
    Jan 16, 2004
    Location:
    Flushing/Queens, New York
    #59
  10. hagjohn macrumors 6502

    hagjohn

    Joined:
    Aug 27, 2006
    Location:
    Pennsylvania
    #60
    Oh no. Socialism.
     
  11. Zenithal macrumors 604

    Joined:
    Sep 10, 2009
    #61
    People who had an ounce of sense said this is exactly what was going to happen.
     

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