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Can someone explain to me why Foxconn didn't build the plant? Why would they go through the trouble of negotiating this deal, which ended up phenomenally in their favor, just to throw their hands in the air and walk away?
My take it was probably mainly a political stunt, lcd was never really possible (slump + wages + supply issues) and then they didn't know what to do.
Can someone explain to me why Foxconn didn't build the plant? Why would they go through the trouble of negotiating this deal, which ended up phenomenally in their favor, just to throw their hands in the air and walk away?
Can someone explain to me why Foxconn didn't build the plant? Why would they go through the trouble of negotiating this deal, which ended up phenomenally in their favor, just to throw their hands in the air and walk away?
In a nutshell, it mistook the nature of labor folks are used to here and its costs. Indeed wildly different from China and elsewhere.
The alternate take is that the whole deal was made in bad faith and FoxConn was hoping to collect subsidies and line its pockets. This version of events has some precedent[1]. It's especially hard to believe that FoxConn didn't know about US labor when this same situation played out in Pennsylvania in 2013[2].
[1] https://www.marketwatch.com/story/foxconns-history-of-broken...
[2] https://www.washingtonpost.com/business/economy/how-foxconns...
Earlier quoted context omitted.
In a nutshell, it mistook the nature of labor folks are used to here and its costs. Indeed wildly different from China and elsewhere.
This is a take that's wildly generous to FoxConn, painting them as the "aww schucks" kinda honest guys that just didn't know about the challenges of the US labor market. The alternate take is that the whole deal was made in bad faith and FoxConn was hoping to collect subsidies and line its pockets. This version of events has some precedent[1]. It's especially hard to believe that FoxConn didn't know about US labor wh…
So that leaves either bad faith, or they are just abjectly incompetent. I can't really see any other options. Or, again, am I way off base?
Earlier quoted context omitted.
In a nutshell, it mistook the nature of labor folks are used to here and its costs. Indeed wildly different from China and elsewhere.
It’s funny that they are downvoting you for stating the obvious no-brainer explanation. Just curious as I am seeing more of this on HN lately or is it just the Baader Meinhof phenomenon after I read someone else complain about the recent downvoting phenomenon for stating the obvious. Has the readership changed of HN or more specifically the commentariat?
Can someone explain to me why Foxconn didn't build the plant? Why would they go through the trouble of negotiating this deal, which ended up phenomenally in their favor, just to throw their hands in the air and walk away?
Think about it from Foxconn's perspective, if you got a sweetheart deal and the person who gave it to you got canned for it, are you going to follow thru and put in billions of your dollars on the assumption that you'll still get billions of government subsidies in return?
Earlier quoted context omitted.
This is a take that's wildly generous to FoxConn, painting them as the "aww schucks" kinda honest guys that just didn't know about the challenges of the US labor market. The alternate take is that the whole deal was made in bad faith and FoxConn was hoping to collect subsidies and line its pockets. This version of events has some precedent[1]. It's especially hard to believe that FoxConn didn't know about US labor wh…
You're 100% spot on. I cannot be convinced a multi-national mega-corp is ignorant of US labor and the challenges in the US labor market. There just is no way that's possible for a company this size, or am I wrong? So that leaves either bad faith, or they are just abjectly incompetent. I can't really see any other options. Or, again, am I way off base?
Especially one that is a specialist in harvesting laborers from all corners of the world. I can only imagine selecting the right labor force has to be their main competences.
Is it just me or has it become more common for journalists to write about decreases by saying "X-fold" or "x times"? I always get confused, I find it much easier to say "by 97%".
Earlier quoted context omitted.
It’s funny that they are downvoting you for stating the obvious no-brainer explanation. Just curious as I am seeing more of this on HN lately or is it just the Baader Meinhof phenomenon after I read someone else complain about the recent downvoting phenomenon for stating the obvious. Has the readership changed of HN or more specifically the commentariat?
> Has the readership changed of HN or more specifically the commentariat? My personal impression is, that it got a lot worse since Covid, which I attribute to more people doing home office and/or having more free time. Any discussion forum that grows gets worse. But both my impressions and the 2nd part might be wrong.
Can someone explain to me why Foxconn didn't build the plant? Why would they go through the trouble of negotiating this deal, which ended up phenomenally in their favor, just to throw their hands in the air and walk away?
Scott Walker, the governor, who signed the deal lost his office a year after it was signed in part due to backlash over the deal. Think about it from Foxconn's perspective, if you got a sweetheart deal and the person who gave it to you got canned for it, are you going to follow thru and put in billions of your dollars on the assumption that you'll still get billions of government subsidies in return?
There was quite a controversy over the environmental impact of this plant. The "word on the street" is that LCD manufacturing is a dirty industry requiring a lot of water.