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

reuters.com

41–50 of 288 posts

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

#41

> With India’s labour cheaper compared with China, and the gradual expansion of its supplier base here, Apple will be able to use the country as an export hub While there are negatives, I appreciate how globalization of manufacturing helps lift poorer economies (albeit it slowly and not always agreeing with the politics of the newly-built middle classes). One might expect manufacturing in mid-Africa in two decades.

> I appreciate how globalization of manufacturing helps lift poorer economies I really think we have to move to a Commons-based peer production paradigm. Ask yourself, would I want to work for Foxconn assembling $1k iPhones for meager pay? [1] And I am not asking you from a hypothetical standpoint where you pretend to be an Indian in the context of the country India. My question is: would you accept a job starting wo…

> I believe the Precariat revolt is imminent.

References article about event 10 years ago.

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

#42

Earlier quoted context omitted.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

Chinese people are also relatively intelligent. That is relevant, I think.

I think it has more to do with the culture around emphasis on education rather than pure intelligence

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

#43

> With India’s labour cheaper compared with China, and the gradual expansion of its supplier base here, Apple will be able to use the country as an export hub While there are negatives, I appreciate how globalization of manufacturing helps lift poorer economies (albeit it slowly and not always agreeing with the politics of the newly-built middle classes). One might expect manufacturing in mid-Africa in two decades.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

[deleted]

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

#44

Earlier quoted context omitted.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

Chinese people are also relatively intelligent. That is relevant, I think.

This is grade A racism

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

#45

Earlier quoted context omitted.

Actually I think, the most ideal countries to expand manufacturing to are African countries, they have some of the same advantages once china had. 1. Mineral Resources. 2. Cheap Labour. 3. High Density of Lanthanide and Actinide group minerals. China also has a fourth advantage which is a good mix of Production, Manufacturing and Electronics Engineers. Which Africa doesn't have. On the other hand India doesn't have t…

Chinese people are also relatively intelligent. That is relevant, I think.

As an ethnic Chinese, I have to question that. Is this based on your observations of first and second generation Chinese immigrants in the West? In which case, wouldn't there be selection bias involved?

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

#46
post #31
post #27

Earlier quoted context omitted.

It is appalling how despite the availability of information online, people still choose not to verify what they hear on the MSM. Here is the link to the Citizenship Amendment Act of 2019 on GOI website. It's only a 2 page document. http://egazette.nic.in/WriteReadData/2019/214646.pdf It was amended to accommodate persecuted minorities from *neighboring countries" of India. It has nothing to do with the Citizens of In…

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…

[flagged]

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

#47

Earlier quoted context omitted.

I think this will depend on how much of an ally they are in the future. If they are seen as an economic threat, like Japan in the 80s, the media will probably start to report more on the atrocities committed in Kashmir along with the new Citizenship Law that appears to target or disadvantaged Muslims. Vietnam might he another alternative, but they are also a communist country, so the optics might not be better than C…

> Vietnam might he another alternative, but they are also a communist country, so the optics might not be better than China. It's already a booming manufacturing alternative center to China. It's also a center of booming tech manufacturing. Samsung has invested a huge amount of money into factories there. Their GDP has gone from $35 billion in 2003, to $261b in 2019. They've had one of the fastest growing economies f…

Which is kind of ironic after what the US has done to people in Vietnam. But it's similar to what happened in Japan, only Japan was under US occupation, while Vietnam was not.

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

#48

I wonder if this will be the start of an Exodus of manufacturing away from China. Corporations are constantly under scrutiny with their brand messaging and signaling with respect to various conflicts involving China, Hong Kong and the unrest within the United States. India on the other hand, is a Democratic republic, might help alleviate some issues. If India plays its cards right, they may pave the way for a manufac…

Manufacturing is not just about cheap skilled labour it is about resources aswell. India lacks both cheap "skilled" labour and mineral resources. They do have low and unskilled labour in high numbers though. Also India is just about as democratic as Putins Russia.

India has enormous mineral resources

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

#49
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 CAA makes it easier for non-Muslims to claim citizenship while Muslims slip through the cracks; that is the point of contention. No it doesn't. Here's the relevant part of CAA( http://egazette.nic.in/WriteReadData/2019/214646.pdf ) that mentions non-Muslims > Provided that any person belonging to Hindu, Sikh, Buddhist, Jain, Parsi or Christian community from Afghanistan, Bangladesh or Pakistan, who entered into…

Dude, you literally are spreading false information and you're literally quoting one thing on one line and contradicting it on the second line.

CAA makes it easier for non Muslims. you say 'no it doesn't' and then you literaly cite this:

> Provided that any person belonging to Hindu, Sikh, Buddhist, Jain, Parsi or Christian community from Afghanistan, Bangladesh or Pakistan, who entered into India on or before the 31st day of December, 2014

Yeah, it specifically mentions Hindu, SIkh Buddhist Jain Parsi Christian. It leaves out MUSLIMS.

Let's go over. the law specifically excludes Muslims.

What does it mean? it fast tracks citizenship of ALL except MUSLIMS. meaning? it excludes Muslims

now comes the NRC, in this exercise, in Assam, they asked everyone to prove their citizenship by showing their grandfather's documents or ancesteral land documents. grandmother or parents document is not valid because what if your grandparents are illegal immigrants.

your documents like voter ID was NOT A VALID DOCUMENT FOR CITIZENSHIP because you have to prove that your GRANDFATHER WAS NOT AN ILLEGAL IMMIGRANT.

Assam NRC took thousands of crores of money to undertake. Just imagine what'll happen when everyone in India is asked to prove their grandfather's citizenship.

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

#50
post #2

If I were anyone relying on China right now I would diversify to other countries as fast as possible. Everyone should ask: what if I get cut off tomorrow? And have a strategy for that.

A lot of CXOs are waiting for the Biden win and hoping for storm to pass so to speak.

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.

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