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iPhone maker Wistron quits, saying Apple didn't let it make a profit

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131–140 of 170 posts

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#131
post #105
post #58

Earlier quoted context omitted.

> this is what apple does This is what globalism does. Take the environmental destruction and shitty working conditions that would never be allowed in your own country to other countries and centralize the profits from doing so into the hands of a few.

This is what capitalism does. Crossing borders might make things easier because laws and the cost of doing business will vary, but using your power to squeeze every cent you possibly can out of your business partners is a function of capitalism and not globalism.

No, mercantilist and imperialist societies (Roman Empire, British Empire) did this long before the modern era of private capital. Capitalism is just another in a long line of systems under which wealth and power concentrates into the hands of a few and the many are disadvantaged. The only new thing here is the degree to which technology can extend lines of communication and trade.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#132
The original news article from [Wistron exits Apple India business after tripping over scale, work culture](https://economictimes.indiatimes.com/tech/technology/wistron...) from The Economic Times (referenced in the article) seems like a better submission.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#133
post #17

Not just Apple manufacturing, seems like they're divesting from India in general after 10 years, also killing their plans to make laptops and EV components. My understanding is they were barely making money throughout their time in India. Wonder if Tata takeover of iphone assembly going to do better? Kind of expected outcome for TWnese companies known to treat their labourers like shit and India gov unable to manage…

After 15 years they are not planning on exiting India, just the iPhone aspect.

"Wistron entered India in 2008 with a repair facility servicing PCs, laptops, servers and other devices it manufactured. In 2017, it started making iPhones for Apple and now makes the iPhone 14, iPhone 13, iPhone 12 and the iPhone SE. The company will continue with its repair facility."

https://economictimes.indiatimes.com/tech/technology/wistron...

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#134

Earlier quoted context omitted.

They probably didn’t tell bc they wouldn’t get the deal. Simple story. Just some more Apple bashing like always.

I would assume that Apple looked into it a little bit. US companies can get in trouble if their contractors abroad use slave labor, buy parts from the wrong country, or divert part of the contract to use as bribes. So I doubt this is a case where everyone at Apple laughed about how it was too good to be true, CC'd the lawyers, and the lawyers wrote back "yeah hahah". At the end of the day, you can't always find every…

Why would it be too good to be true? They might have simply won the deal but a small margin against a competitor.

They also might have hidden this info, or even fraudes their way through.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#136
post #17

Not just Apple manufacturing, seems like they're divesting from India in general after 10 years, also killing their plans to make laptops and EV components. My understanding is they were barely making money throughout their time in India. Wonder if Tata takeover of iphone assembly going to do better? Kind of expected outcome for TWnese companies known to treat their labourers like shit and India gov unable to manage…

After 15 years they are not planning on exiting India, just the iPhone aspect. "Wistron entered India in 2008 with a repair facility servicing PCs, laptops, servers and other devices it manufactured. In 2017, it started making iPhones for Apple and now makes the iPhone 14, iPhone 13, iPhone 12 and the iPhone SE. The company will continue with its repair facility." https://economictimes.indiatimes.com/tech/technology/…

They were hoping to expand to manufacturing laptops, IoT and EV components a few years after they spung up iphone assembly. Some of the reporting suggest this won't happen anymore. An established electronics manufacturer stuck with repair depot work, i.e. the portfolio they entered country with, after 10 or 15 years is not a good look.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#137
post #105

Earlier quoted context omitted.

This is what capitalism does. Crossing borders might make things easier because laws and the cost of doing business will vary, but using your power to squeeze every cent you possibly can out of your business partners is a function of capitalism and not globalism.

No, mercantilist and imperialist societies (Roman Empire, British Empire) did this long before the modern era of private capital. Capitalism is just another in a long line of systems under which wealth and power concentrates into the hands of a few and the many are disadvantaged. The only new thing here is the degree to which technology can extend lines of communication and trade.

What do you suggest as an alternative to our imperfect capitalism?

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#138
post #58

https://nypost.com/2020/12/15/riots-at-apple-plant-in-india-... this is what apple does. they use their clout, then they turn their back and play ignorant whilst placing unrealistic demands on the subcontractors who then place those demand on the labour. from: https://www.macrumors.com/2023/02/14/only-half-of-indian-iph... > "Apple engineers told that Chinese iPhone suppliers and government officials have a "whatever…

> this is what apple does This is what globalism does. Take the environmental destruction and shitty working conditions that would never be allowed in your own country to other countries and centralize the profits from doing so into the hands of a few.

Globalism prevent wars by making countries dependant to each others (Montesquieu Doux commerce theory).

Globalism permits to all countries around the globe to develop.

Nobody is preventing these countries to set laws about environment and working condition (which they actually do).

And by the way, I invite you to go to these countries and visit the factories there, and you will realize that western companies are raising standards (security and quality) on their suppliers.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#139
post #39

Earlier quoted context omitted.

I rememeber in 90s, local mid-level managers who worked for MNC in PRC tend to like their SKR bosses and frequently hated TW bosses simply because cultural overlap allowed them to push harder. With SKR they could at least feign ignorance with language barrier but TBH still got their work done. I can imagine shitshow of having language barrier and still not meeting KPIs because they're not cross culture competent. Any…

> worked for MNC in PRC tend to like their SKR bosses and frequently hated TW bosses simply because cultural overlap allowed them to push harder. With SKR they could at least feign ignorance with language barrier but TBH still got their work done Haha yep, I've heard similar stories in Vietnam as well. Idk why but Taiwanese/Malaysian/Singaporean management culture is absolutely atrocious compared to Japanese+SK manag…

I use to think it was narcissism of small differences, Sino-sphere cultures hating on each other but from what I hear in Vietnam, they're jerks to everyone. Even PRC firms in Viet did not seem to have _that_ bad of reputation to work for.

> India System

Does lobbying power from Tata or Adani influence over said politics? Seems like they have competence and connections to take over failed foreign ventures. Not implying it's coordinated, but domestic players have a lot to gain. And probably better cultural experience to run these operations after capital is setup in country. I imagine Indian chaebols have more ability to control unrest, vs in PRC tight relationship with Foxconn essentially delegates crowd control to compliant local govs.

>breakdown by nationality

This is first article I found: https://www.deccanherald.com/business/business-news/why-mncs...

>A slew of big names including German retailer Metro AG, Swiss building-materials firm Holcim, US automaker Ford, UK banking major Royal Bank of Scotland, US bikemaker Harley-Davidson and US banking behemoth Citibank have chosen to pull the plug their operations in India or downsize their presence here in recent years.

I think SKR took over the GM plant. I'm pretty sure JP expansion in India stalled last few years during covid but reporting last few months seems like SKR + JP is going to give it another go. If they can make it work long term, and hopefully they can, good on them.

Re: iPhone maker Wistron quits, saying Apple didn't let it make a profit

#140
post #112

Does relying on Chinese companies in India really accomplish the goal of independence from China? If there's some kind of political conflict, isn't it likely that China can shut those down using leverage at home?

Isn't wistron literally a taiwanese company?

I don't know, but they're exiting the business anyway. The article also mentions Foxconn and Luxshare, which are Chinese.
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