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“A key supplier to top technology brands such as Hewlett-Packard and Apple, Foxconn could invest as much as $10 billion in the plant, said one source, but did not specify an investment timeframe,” Xin and Soh report. “The factory will initially employ at least 20,000 workers, with half of those already having received training in Foxconn’s existing hub in the southern city of Shenzhen, the source added.”
Xin and Soh report, “Foxconn is expanding away from Shenzhen, which is in the Pearl River Delta area, to where wages are lower and workers more plentiful.”
Read more in the full article here.
Jersey_Trader writes, “Do you understand why Apple had to build their BILLION DOLLAR SERVER FARM in Maiden, North Carolina? Steve also needed to leave California when he was dyeing and needed a liver transplant.”
Agree that California is the LAST place I’d consider for a major investment. (Any state that would seriously having Jerry Brown again as governor is a lost cause.)
A green-field site like Maiden might be appropriate for a server facility (few will be required on-site once it’s in operation), but a headquarters or R&D site would require access to much more intellectual capital (say the NC Triangle). A manufacturing site in Texas makes eminent sense. Very business friendly, and Apple or its OEMs could likely acquire some shuttered Dell facilities cheap!
Amen, Raymond!
Any place in the south would be great place for this plant…”Made In USA” used to mean something.
Amen, Raymond!
Any place in the south would be great place for this plant…”Made In USA” used to mean something.
Apple used to manufacture in the US. The problem is they don’t have the skill set to run it properly. When production was based here there would be months of delays before the product was available. Apple had to invest in the infrastructure if they wanted to expand production to meet demand.
Now Apple hand over production to companies that do a productive and efficient job. They are coping with significantly more demand than 8 years ago and have capacity to grow because they manufacture for many companies. They also have the wage, tax and govt infrastructure to do this well.
It is not good that jobs go overseas but you have to agree that Apple could not have grown at the rate it has if it had to maintain production in the US.
I would rather high tech jobs are developed here than basic factory ones. Apple are expanding and hiring all the time because of their success. This is giving people here in CA at least the opportunity to grow.
Apple used to manufacture in the US. The problem is they don’t have the skill set to run it properly. When production was based here there would be months of delays before the product was available. Apple had to invest in the infrastructure if they wanted to expand production to meet demand.
Now Apple hand over production to companies that do a productive and efficient job. They are coping with significantly more demand than 8 years ago and have capacity to grow because they manufacture for many companies. They also have the wage, tax and govt infrastructure to do this well.
It is not good that jobs go overseas but you have to agree that Apple could not have grown at the rate it has if it had to maintain production in the US.
I would rather high tech jobs are developed here than basic factory ones. Apple are expanding and hiring all the time because of their success. This is giving people here in CA at least the opportunity to grow.
@WetFX
“don’t let an Australian and a Saudi tell me how to be an American”
Haha had not heard that one before. Best take on Fox “news” yet. Will be my Facebook status for the day…
@WetFX
“don’t let an Australian and a Saudi tell me how to be an American”
Haha had not heard that one before. Best take on Fox “news” yet. Will be my Facebook status for the day…
I understand the desire for increased US jobs (being currently unemployed), however I look at the other end of the deal. Tens of thousands of people now living in abject poverty being given a chance to lift themselves up. I just hope I can live to see the day when tech jobs expand to Africa, and the middle class takes root around the world. (Having said that, we need to start educating the middle class to understand their impact on the environment and society [and better learn it ourselves])
I understand the desire for increased US jobs (being currently unemployed), however I look at the other end of the deal. Tens of thousands of people now living in abject poverty being given a chance to lift themselves up. I just hope I can live to see the day when tech jobs expand to Africa, and the middle class takes root around the world. (Having said that, we need to start educating the middle class to understand their impact on the environment and society [and better learn it ourselves])
Yes!
You would have Americans lined out the door for 85 cents and hour! Or less.
Yes!
You would have Americans lined out the door for 85 cents and hour! Or less.
While America could use those jobs, no Americans I know would take those jobs since they pay so little, so put that macaroni back in your hat, Yankee Doodle.
While America could use those jobs, no Americans I know would take those jobs since they pay so little, so put that macaroni back in your hat, Yankee Doodle.
Build the factory in the US! It is possible, it will cost more of course but what the heck! we need the jobs.
Salaries will cost more, plus tax, plus health plans. But we need the jobs so build away!
Products rolling out of the factory will cost more to buy, way more! but what the heck, we need the jobs.
So build the factory in the US, prepare to pay more for the goods & best of all believe that paying more for goods made in the US is in the interest of the US. If you build it they will come mentality is what we need here,as well as shareholders demanding less profits & CEO taking less pay.
Can we do it?
Build the factory in the US! It is possible, it will cost more of course but what the heck! we need the jobs.
Salaries will cost more, plus tax, plus health plans. But we need the jobs so build away!
Products rolling out of the factory will cost more to buy, way more! but what the heck, we need the jobs.
So build the factory in the US, prepare to pay more for the goods & best of all believe that paying more for goods made in the US is in the interest of the US. If you build it they will come mentality is what we need here,as well as shareholders demanding less profits & CEO taking less pay.
Can we do it?
@Bricktop
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That was a good one
@Bricktop
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That was a good one
“The people who live in a golden age usually go around complaining how yellow everything looks”. ~ Randall Jarrell
Made my giggle … as the word play is serendipitous.
“The people who live in a golden age usually go around complaining how yellow everything looks”. ~ Randall Jarrell
Made my giggle … as the word play is serendipitous.
$11 an hour for unemployment vs. 85 cents an hour for work?
Sure. That’s a viable option…
$11 an hour for unemployment vs. 85 cents an hour for work?
Sure. That’s a viable option…
“Any place in the south would be great place for this plant…”Made In USA” used to mean something.”
Did it mean something?
“Any place in the south would be great place for this plant…”Made In USA” used to mean something.”
Did it mean something?