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

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

#211
post #31

Earlier quoted context omitted.

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 guidelines for a nation wide NRC have not been formulated. What you're pedaling is nothing more than a conspiracy theory

I never said guidelines have been formulated but the Modi govt has said so in SC that a country wide NRC is necessary

"Centre Tells Supreme Court NRC Necessary, Contradicts Shah's 'No NRC' Declaration"

link: https://thewire.in/government/caa-counter-affidavit-centre

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

#212
post #126

Earlier quoted context omitted.

If the accelerated asylum process does not apply to Muslims (including Rohingyas and Ahmadiyas), why is that not discriminatory? Why is the plight of a Buddhist in Pakistan more urgent than that of a Rohingya in Myanmar?

Unlike Pakistan, India recognizes Ahmadiyas as Muslims[1][2]. From India's perspective, they are followers of Islam. CAA doesn't address sectarian conflicts. It only addresses religious persecution. It can be argued that it should address sectarian issues, but by that reasoning, it should also address persecution based on sexual-orientation, color, gender, etc. As for Rohingyas, this comment explains it in a better w…

> It only addresses religious persecution

SO you agree that Ahmadiyas are persecuted. They are a religiously persecuted because their sect is being persecuted.

so CAA clearly should have involved them because any secterian persecution is by default done via religion.

They're not being persecuted for owning a PlayStation in a country of poor right?

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

#213

Earlier quoted context omitted.

Please become more educated on this issue. Muslims are not a monolithic group, and being a Muslim does not protect you from persecution in Muslim majority countries: https://en.wikipedia.org/wiki/Anti-Shi'ism If the bill was meant to be secular, it could provide asylum for everyone suffering religious persecution, regardless of their religion. It clearly is designed to exclude muslims.

How will be the bill secular when it is in response to the persecution of minority religions in Pakistan, Bangladesh and Afghanistan? And I don't understand this fixation with Muslims. What about the followers of Bahá'í Faith who are not covered under this bill?

Ahmadiyas are minorities in Pakistan as are the Rohingya in Myamnar.

also if you think that Rohingya hsould not be allowed because Myamnar was never a part of India, then Afghanistan was also never a part of India, so why are Afghanis being given fast tracked citizenship of India?

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

#214

Earlier quoted context omitted.

Yes just look at 'PM Care fund' it is explicitly outside of RTI, and thus prevents people from practising their democratic right to question usage of funds.

And what is the level of coverage of Russia's equivalent of RTI? (assuming they have one)

you are acting as if the BJP gave India the RTI. Congress gave the country RTI.

and bjp has been systematically dismanteling RTI step by step.

We won't have a functioning RTI in a few years.

and the existing coverage of RTI in India is abysmal. This you'd know if you knew and read the facts. the govt has severely cut funding of RTI

source: https://economictimes.indiatimes.com/news/economy/finance/ov...

63% cut in funding of RTI and CIC, both systems who are responsible for transparency.

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

#215
post #4
post #3

After their disaster in Wisconsin I'm going to wait till they actually spend the money before considering it newsworthy.

Indeed. Those who aren't aware can read this article [1] or listen to this brilliant podcast episode from Reply All [2]. [1]: https://www.bloomberg.com/news/features/2019-02-06/inside-wi... [2]: https://gimletmedia.com/shows/reply-all/wbhjwd/

Just because US/Wisconsin could not get it done does not mean no one can get it done.

USA had much higher costs, even outside of population centers, and too much dependence on tax shelters. It may not be the same in india.

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

#216

Earlier quoted context omitted.

I don't know much of American politics, but from the outside, Trump keeps talking about 'make America great again', so why are CXOs waiting for a Biden win?? I'm sorry if this is a dumb question. I just don't understand it.

Making American Great Again is a threat to the 'capitalist' class of America, who grow their wealth by avoiding the expense of employing Americans, using American resources, or materials. Before everyone downvotes me- I'm not saying that Trump actually follows this agenda! I'm only sayin thats the style of rhetoric he uses in his campaign.

I understand your point and it is perfectly reasonable. But Trump hasn't actually interfered in the CXOs life right? they get their massive tax cuts and all. so I thought they'd be happy with Trump.

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

#217

Earlier quoted context omitted.

India and China recently ended up at war. 20 Indian soldiers died and an undisclosed number of Chinese soldiers died during a primitive battle with Kung Fu sticks and stones. There's an agreement on not using firearms in conflicts and that has held up for some 60 years. There's no reason to believe this would be an all out war anytime soon.

Really? This deserves a post of its own!

it won't be that big. After 1962, Mao was the Chinese Primier and Nehru was Indian PM.

Right after the cuban missile crisis was solved, UK and US started dropping military equipment to help India.

Mao then did a single handed ceasefire and retreated back to the original places.

then a peace summit happened and India China decided to not indulge in a firefight at the border again.

And now China had started meddling in Indian affairs, after weeks of tensions, I don't know what Indian govt did, but tensions were de escalated.

Yes, sadly, both sides lost lives, but the thing is CCP has now claimed a Russian port of Vladivostok (I read in the news), it has claimed Bhutan, and Ladhak in India and it has always claimed Arunachal Pradesh (India)

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

#218
post #8

Related: > The Information wrote on Thursday that at least one Apple supplier has been asked to ship iPhone SE components to a facility in India starting in July > Assembling iPhone SEs in India helps Apple to avoid a 20% tax on imported smartphones, and potentially to gain a greater foothold in the growing market. Apple earns just 2.2% of its global revenue in India https://www.thestreet.com/investing/apple-to-move-…

and yet, for some reason, iPhone SE will be having the same exact cost even if they assembled in India.

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

#219
post #191

Earlier quoted context omitted.

One of the key reasons for manufacturers to move to India is the massive domestic market. Apple's devices have to be imported into India which attracts an import duty. Minus this tax, Apple's products would be substantially cheaper, which would help it sell a lot more units.

While India is a leader (currently #2 behind China) in units of smartphones sold, their value is only ~20 billion of the ~500 billion USD smartphone market. I don't see extra sales in the superpremium tier being a strong motivator. In India, iPhones are luxury goods, where the higher price makes them more attractive. The sort of person who can afford ~8x average monthly earnings for a phone can also afford a ~6x mult…

iPhone price in India is one of the highest anywhere in the world because of import duties. For a country obsessed with social status and a large upper middle class with increasing disposable income, a domestically manufactured cheaper iPhone will sell enough to make a real difference in Apple’s revenues.

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

#220
post #4

Earlier quoted context omitted.

Indeed. Those who aren't aware can read this article [1] or listen to this brilliant podcast episode from Reply All [2]. [1]: https://www.bloomberg.com/news/features/2019-02-06/inside-wi... [2]: https://gimletmedia.com/shows/reply-all/wbhjwd/

Just because US/Wisconsin could not get it done does not mean no one can get it done. USA had much higher costs, even outside of population centers, and too much dependence on tax shelters. It may not be the same in india.

India is notorious for barriers to entry on top of massive infrastructure deficits. There's promising policy movement in some provinces recently, but historically these initiates have not panned out. There's a reason Superpower2020 is a meme.
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