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

9to5mac.com

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

#111

Post by carlosjobim »

steveBK123 wrote: post #47
avmich wrote: post #40

Earlier quoted context omitted.

I wonder if the supplier can similarly have the detailed data on the customer and how that helps in negotiating both ways.

It's asymmetrical for the most part on a lot of stuff Was listening to Bloomberg the other day and they were talking about how Walmart is the biggest grocer in US. They have pricing power because for example they constitute something over 5% of all Heinz sales. Similar for paper products from one of the big companies like Procter & Gamble. The inverse is not true, as you are unlikely to find any vendor who Walmart ma…

I've never understood this. If you're not making enough profit - or even loosing money - selling to a large client, you are better off without them. Profit should come before everything else, including growth.

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

#112

Post by huyage »

ShadowBanThis01 wrote: post #110

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?

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

#114

Post by rullelito »

supernova87a wrote: post #109

Apple does help its suppliers to make a profit -- but the amount of profit that sustains a healthy set of vendors for Apple, at quality levels and corporate practice levels that Apple evaluates as "fair". Now, you may criticize that this holds vendors over a barrel and squeezes them to narrow margins, etc. But at least give Apple credit for having a view to the long run and trying to create a pool of vendors that it…

Vendor says they can't make profit. Wall-of-texter on HN says they can.. So hard to know who to believe..

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

#116

Post by treis »

kyleyeats wrote: post #100
5350-uiop-1130 wrote: post #13

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…

> a sense of urgency I've never heard this phrase from anyone that wasn't nakedly seeking power and compliance from others.

That is not my experience at all. It's even used by sports announcers. As an example: "The offense needs to move with more sense of urgency given the clock."

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

#117

Post by draw_down »

AYBABTME wrote: post #93
xxs wrote: post #90

Earlier quoted context omitted.

You mean by installing the suicidal protection net, Foxconn barely makes it? Foxconn has 1m3 employees. If they made just 137m in profit - that's just $8 profit per employee a month.

"just" 8$ per employee/m versus which similar industry's standard?

[dead]

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

#118

Post by collaborative »

carlosjobim wrote: post #111
steveBK123 wrote: post #47

Earlier quoted context omitted.

It's asymmetrical for the most part on a lot of stuff Was listening to Bloomberg the other day and they were talking about how Walmart is the biggest grocer in US. They have pricing power because for example they constitute something over 5% of all Heinz sales. Similar for paper products from one of the big companies like Procter & Gamble. The inverse is not true, as you are unlikely to find any vendor who Walmart ma…

I've never understood this. If you're not making enough profit - or even loosing money - selling to a large client, you are better off without them. Profit should come before everything else, including growth.

Then you wouldn't exist. Even the smallest business goes through years of losses before it (hopefully) reaches profitability. Pay to sell is the only way nearly 100% of incumbents have to simply exist. If they don't do it, someone else will

Traditionally, businesses build a reputation and customers learn where to find them (a physical location). They then become and stay profitable. Anyone depending on a monopolist for its pay-to-sell strategy won't usually reach profitability. The monopolist might be as small as a greedy feudal lord in the middle ages. Today we have Apple/Google etc

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

#119

Post by actionfromafar »

paulryanrogers wrote: post #32
actionfromafar wrote: post #27

Earlier quoted context omitted.

Only suckers formally know anything .

There be dragons. Better a high trust society with some checks and balances than one ruled by "don't write down anything" sociopaths.

To be clear, I don't like how it is. But if corporations have a personality, they either verge on or go full hog on sociopathic. Any corporate lawyer will tell management to not write down potentially incriminating.

The better among corporations actually try to do the right thing, most of the time. But of course, if there's some kind of incident, there's still a lockdown mentality.

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

#120

Post by lotsofpulp »

rullelito wrote: post #114
supernova87a wrote: post #109

Apple does help its suppliers to make a profit -- but the amount of profit that sustains a healthy set of vendors for Apple, at quality levels and corporate practice levels that Apple evaluates as "fair". Now, you may criticize that this holds vendors over a barrel and squeezes them to narrow margins, etc. But at least give Apple credit for having a view to the long run and trying to create a pool of vendors that it…

Vendor says they can't make profit. Wall-of-texter on HN says they can.. So hard to know who to believe..

Given that Apple has delivered tons of devices into people’s hands for well over a decade and continues to do so, I am going to go with the common sense that Apple’s suppliers must be earning a profit, otherwise they would not be doing charity work for Apple.
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