Donald Trump exclaimed that “we’re going to get Apple to build their damn computers and things in this country instead of in other countries.”
Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to America.
IMO the best way I’ve seen to solve the trade deficit would be to implement a system of Import Certificates (ICs) as envisioned by Warren Buffett - http://archive.fortune.com/magazines/fortune/fortune_archive/2003/11/10/352872/index.htm
This is good and has implications of geopolitical significance that are good.
The Trump Effect.
Something to keep in mind is that most of the manufacturing that comes back to the USA is going to need a lot less people in the factories. It’s going to require lots of people with manufacturing automation development/qa/operations skills and experience. The bulk of the work is going to be done by machines under people in front of computers & handhelds doing process management work. There will be far fewer assembly workers than in days past.
Apple is just playing the Chinese with their new “Trump” card.
Foxconn may have factories here, but they will ship their own workers in and out of the US on rotations. They will hire a few American workers, the majority are Chinese nationals. I have been in two Foxconn OEMs. That is what they did when I worked at Compaq years ago.
Yep, they’ll bring their factory here along with their ChiCom factory slave labor management style. Ought to work well in southside Chicago, Detroit or the east side of DC.
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