Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Samsung ends mobile phone production in China

reuters.com

Post reply on HN
Print view View original

151–160 of 201 posts

Re: Samsung ends mobile phone production in China

#151

Post by oblio »

bnt wrote: post #126
thrwweasdfa243 wrote: post #42

Note - Vietnam has an FTA with India (unlike China), and so this also helps it fight back against Chinese smartphone players that are currently dominating in India AND it also works as a bargaining chip with the Indian govt. for tax incentives. IIRC they moved their television assembly back to Vietnam in retaliation for some failed deal last year. Might be a good idea too, the Indian state is a moronic rent-seeking s…

They have 1 billion people, they are a market who can do whatever they like, in their own right.

Debatable. Money is just as important and right now India's GDP is comparable to UK's GDP. And the UK only has about 65 million people.

Re: Samsung ends mobile phone production in China

#152

Post by oblio »

lappet wrote: post #144
Synaesthesia wrote: post #117

Earlier quoted context omitted.

India had advanced steel making, ship making and textile technologies which were taken by the British.

Huh, I am Indian and have never heard it said like this. Do you have any sources to back this up, apart from the rockets and textile industries?

For the steel: https://en.wikipedia.org/wiki/Wootz_steel

Re: Samsung ends mobile phone production in China

#153

Post by dsfyu404ed »

shaneprrlt wrote: post #148

"Rising labor costs", what happens in the future when the world is fully developed and these co's run out of developing countries with cheap labor to exploit?

Increased automation and industrialization reducing the need for human labor to make the product.

Re: Samsung ends mobile phone production in China

#154

Post by bilkoo »

shaneprrlt wrote: post #148

"Rising labor costs", what happens in the future when the world is fully developed and these co's run out of developing countries with cheap labor to exploit?

By exploit, do you mean offering them jobs that pay higher than local average? Or that developing countries have weaker institutions for labor laws?

Re: Samsung ends mobile phone production in China

#155

Post by toasterlovin »

mxuribe wrote: post #149
shaneprrlt wrote: post #148

"Rising labor costs", what happens in the future when the world is fully developed and these co's run out of developing countries with cheap labor to exploit?

Unfortunately, there will always be someone to exploit. Capitalists have a clever way of "evolving" to always be able to capitalize on someone/some group.

At least capitalists can feed people.

Re: Samsung ends mobile phone production in China

#156

Post by mxuribe »

toasterlovin wrote: post #155
mxuribe wrote: post #149

Earlier quoted context omitted.

Unfortunately, there will always be someone to exploit. Capitalists have a clever way of "evolving" to always be able to capitalize on someone/some group.

At least capitalists can feed people.

Oh, they can...but the market forces that they follow tend not to incentivize the feeding of people unless there is some gain in it for them. /s

Seriously though, I acknowledge and thank you for your opinion, but respectfully disagree.

Re: Samsung ends mobile phone production in China

#158

Post by shaneprrlt »

mxuribe wrote: post #156
toasterlovin wrote: post #155

Earlier quoted context omitted.

At least capitalists can feed people.

Oh, they can...but the market forces that they follow tend not to incentivize the feeding of people unless there is some gain in it for them. /s Seriously though, I acknowledge and thank you for your opinion, but respectfully disagree.

I believe you mean to say some "grain" in it for them. /badpun

Re: Samsung ends mobile phone production in China

#159

Post by SpicyLemonZest »

shaneprrlt wrote: post #148

"Rising labor costs", what happens in the future when the world is fully developed and these co's run out of developing countries with cheap labor to exploit?

What happens in the future when the entire world is rich and everyone has a bunch of money? I dunno, but I'd argue that by definition it's nothing particularly bad.
Post reply on HN