I don't understand why Apple don't just buy the company outright and owns their IPs alongside it.
funded partly by cash originating from China's central government and is one of the largest attempted by a Chinese-backed firm in the U.S. semiconductor sector
Uh no. Let's try to be a little less cavalier with that term as if what you're describing can even be equated with slavery. What you're talking about is company benefits, employment, paying your own money, and taxes. Things associated with a job. A grand total of none of those things are associated with slavery.
Most people in the US never take vacation because they fear of losing their job.
In principle, I agree with your assessment. Business is business, and sometimes it's cut throat. There are ways to be cut throat without appearing to be an opportunist and a bully. Intentionally or not, this is the appearance Apple gives some people in this situation: Not only am I going to stop doing business with you (ruining your company), but I'm going to go ahead and completely burn that bridge by taking some key employees as a door prize. <lights match>
Is it wrong? Nope. Again, business is business. Is it the right way to sever a long standing relationship? I wouldn't do it that way, but that doesn't make it wrong either. The optics are terrible and it would give me considerable pause if I was entering a relationship with Apple. I would think it would make any company considering working with Apple take a hard look at what they think the end of that relationship will look like... even before they begin it.
The management of Apple is clearly taking full advantage of their power. At this point they could care less about optics as they know full well they don't have to. They might not realize they are playing with Fire as people all around the world, generally, are getting fed up with tyrannical type behavior. Time will tell...
Yeah, like that one time I cancelled Sprint and switched Verizon. Sure, I had a moral obligation to stay with Sprint forever, but I exercised my power, despite the optics, and stopped doing business with Sprint. Obviously they were entitled to my money forever, but I really don't care what anyone else thinks.
In fact, I did the same thing today to Chipotle. Yeah, I ate at Chipotle yesterday, and I know that means they are entitled to my $11 a day for the rest of my life, but today I ate at Subway instead. I really don't care how it makes me look, I'm a powerful guy and I'll do what I want.
False
46% take all their vacation days
Most of the rest take some of their days. On average they take half their days off.
The reasons they don't take all their days: They fear getting behind on their work (34%), believe no one else at their company can do the work while they’re out (30%), they are completely dedicated to their company (22%), and they feel they can never be disconnected (21%).
lol. Treat the supplier like a charity. What a world you live in.Large power comes with large responsibility.
Even beyond that, corporations talk about doing philanthropical things to communities. Why not do the same to their own team (supplier)?