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Apple supplier Foxconn to invest $1B in India, sources say

reuters.com

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Re: Apple supplier Foxconn to invest $1B in India, sources say

#31
post #27

Earlier quoted context omitted.

I think this will depend on how much of an ally they are in the future. If they are seen as an economic threat, like Japan in the 80s, the media will probably start to report more on the atrocities committed in Kashmir along with the new Citizenship Law that appears to target or disadvantaged Muslims. Vietnam might he another alternative, but they are also a communist country, so the optics might not be better than C…

It is appalling how despite the availability of information online, people still choose not to verify what they hear on the MSM. Here is the link to the Citizenship Amendment Act of 2019 on GOI website. It's only a 2 page document. http://egazette.nic.in/WriteReadData/2019/214646.pdf It was amended to accommodate persecuted minorities from *neighboring countries" of India. It has nothing to do with the Citizens of In…

This is blatant disinformation by omitting context. The CAA itself is discriminatory, since it does not apply to muslims, but in the context of the National Register of Citizens (https://en.wikipedia.org/wiki/National_Register_of_Citizens) it becomes even more sinister. The NRC requires people to prove their citizenship through documentation, which is very difficult for large parts of India's population, who might be straight up illiterate or lack any kind of documentation whatsoever. The CAA makes it easier for non-Muslims to claim citizenship while Muslims slip through the cracks; that is the point of contention.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#32

Serious question: Modern manufacturing, especially for things like electronics, is highly automated and increasingly so. That implies you don't need a lot of labor to do it and what you do need is skilled labor anyway. Lower unskilled labor costs don't seem like a huge advantage there. So what's still keeping it in countries like China and India and not e.g. Minnesota, which would yield a PR advantage and lower trans…

Regulation. It's not that easy to buy land, build a building, hire and fire people. If this is confusing, try buying some land and building a building.

Also the supply chains are all over there so the lead times and communication are vastly better.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#33

Earlier quoted context omitted.

I think this will depend on how much of an ally they are in the future. If they are seen as an economic threat, like Japan in the 80s, the media will probably start to report more on the atrocities committed in Kashmir along with the new Citizenship Law that appears to target or disadvantaged Muslims. Vietnam might he another alternative, but they are also a communist country, so the optics might not be better than C…

> Vietnam might he another alternative, but they are also a communist country, so the optics might not be better than China. It's already a booming manufacturing alternative center to China. It's also a center of booming tech manufacturing. Samsung has invested a huge amount of money into factories there. Their GDP has gone from $35 billion in 2003, to $261b in 2019. They've had one of the fastest growing economies f…

And to top it all off, Vietnam forever and ever will hate China. The enemy of my enemy...

Re: Apple supplier Foxconn to invest $1B in India, sources say

#34
post #17

Foxconn is getting ahead of the curve here. They know its going to happen and so its better they do it and keep the client than letting others get in to the game. Indian consulting companies use the same strategy. They have offices all over the world and actively go to places where the wages are low and set up shop themselves.

Well didn't foxconn managed to get Trump to paddle a shovel in Wisconsin and then managed to do almost nothing for years? India shouldn't be happy until the billion dollar is actually invested instead of promised.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#35
post #31
post #27

Earlier quoted context omitted.

It is appalling how despite the availability of information online, people still choose not to verify what they hear on the MSM. Here is the link to the Citizenship Amendment Act of 2019 on GOI website. It's only a 2 page document. http://egazette.nic.in/WriteReadData/2019/214646.pdf It was amended to accommodate persecuted minorities from *neighboring countries" of India. It has nothing to do with the Citizens of In…

This is blatant disinformation by omitting context. The CAA itself is discriminatory, since it does not apply to muslims, but in the context of the National Register of Citizens ( https://en.wikipedia.org/wiki/National_Register_of_Citizens ) it becomes even more sinister. The NRC requires people to prove their citizenship through documentation, which is very difficult for large parts of India's population, who might…

> The CAA makes it easier for non-Muslims to claim citizenship while Muslims slip through the cracks; that is the point of contention.

No it doesn't. Here's the relevant part of CAA(http://egazette.nic.in/WriteReadData/2019/214646.pdf) that mentions non-Muslims

> Provided that any person belonging to Hindu, Sikh, Buddhist, Jain, Parsi or Christian community from Afghanistan, Bangladesh or Pakistan, who entered into India on or before the 31st day of December, 2014

If you are a non-Muslim who wants to get Indian citizenship under CAA, you must prove (1) you are a citizen of one of these neighboring countries and (2) you entered India before 2014. It is just not enough to not have papers to "slip through the cracks".

Re: Apple supplier Foxconn to invest $1B in India, sources say

#37

> With India’s labour cheaper compared with China, and the gradual expansion of its supplier base here, Apple will be able to use the country as an export hub While there are negatives, I appreciate how globalization of manufacturing helps lift poorer economies (albeit it slowly and not always agreeing with the politics of the newly-built middle classes). One might expect manufacturing in mid-Africa in two decades.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

Chinese people are also relatively intelligent. That is relevant, I think.

Re: Apple supplier Foxconn to invest $1B in India, sources say

#38

Serious question: Modern manufacturing, especially for things like electronics, is highly automated and increasingly so. That implies you don't need a lot of labor to do it and what you do need is skilled labor anyway. Lower unskilled labor costs don't seem like a huge advantage there. So what's still keeping it in countries like China and India and not e.g. Minnesota, which would yield a PR advantage and lower trans…

Foxconn employs about 1.2 million workers in China. In Shenzhen and Chengdu, a combined Foxconn workforce of 500,000 provides labour for Apple Inc. Daily wage is ~$5 per employee. [https://www.facing-finance.org/en/database/cases/working-con...]

Napkin math if you were to move 500k workers to the US and paid them $100 a day instead of $5 a day it would cost you $17B a year.

Would be interesting to see how labor per unit is trending to determine if manufacturing is actually getting more automated and at what rate.

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