Earlier quoted context omitted.
Note that Cook became CEO because of his logistics and operations work in China, so there is a lot of legacy to go on. Apple assembles iPhones in Brazil and I believe India now, but these are mostly for high tariff reasons. Much of what goes into an iPhone isn’t made in china (and what is made in China can easily be made elsewhere), but they are mostly made in east Asia, so having assembly done somewhere in the regio…
> Taiwan (labor is more expensive, but they could maybe rely on automation more) A few years ago, I was surprised to learn that Taiwan actually has low-cost but high-end (university-educated) labor. Ph.D. graduates abound. It is an advanced economy yet wages are surprisingly low due to its export-focused strategy and various other structural causes. Cost of living in Taiwan also appears to be pretty low, which makes…
https://www.quora.com/Why-has-salary-growth-stagnated-in-Tai...