Good Morning Vietnam

June 8, 2010 -

Is China declining as an affordable manufacturing solution for companies like Apple, Nokia, Microsoft, Sony, Nintendo and more? Not quite yet, but as the Chinese government, and corporations like Foxconn are forced to raise wages, the bottom line for foreign companies may get smaller and smaller. The bottom line rules the universe. Consumers could feel it at the checkout line or corporations will take serious steps to keep manufacturing costs down. 

The New York Times and Wall Street Journal predict a future where the Apple's of the world exit China for newer, cheaper labor markets like Vietnam, India and Indonesia. Some say that discussions about such moves are already underway. Foxconn, faced with a string of suicides and controversies surrounding the general well-being of its massive workforce, has raised the pay of its employees twice this year and cities like Beijing plan to raise those wages even more. Even more alarming for foreign companies doing business in China is a movement by the government to give workers more rights.

Naturally, this scares corporations who see the evaporation of a market that served them well, and saved them a lot of costs. Add to that Inflation within China and a projected increase in its currency value, and it is the perfect storm for companies to get the hell out. Naturally higher costs for a company like Apple may lead to higher prices for that iPhone or iPad at retail if the labor situation in China is seriously reformed.

Source: Engadget

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Comments

Re: Good Morning Vietnam

They will just continually move to new poor countries.  As those countries become rich from all the work and labor prices go up, they will again move to the next poor country.  There's certainly a bunch of them available.

 
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ZippyDSMleeHave I ever held a covnersion this long that dose not have issues?02/27/2015 - 5:18pm
ZippyDSMleeBetween being learning disabled and having “quirks” from 5th grade I communicate in streaming conscious, I derive information from written words out of order giving me issues revolving around context.02/27/2015 - 5:17pm
Andrew EisenYou're bullshitting. You can communicate clearly. I've seen you do it. If you want to have a discussion, fine. I'm more than happy to oblige but I'm not going to waste any more of my time if you insist on hiding behind the Zippy character.02/27/2015 - 5:15pm
ZippyDSMleeThose that walk the harsh path of grammar are blind to those that nibble upon it. Of course it helps incoherence is my friend…. LOL02/27/2015 - 5:14pm
Andrew EisenAgain, your comments make no damn sense.02/27/2015 - 5:10pm
ZippyDSMleeMabye if I put my brains in a blender I would think better...I dunno... LOL02/27/2015 - 5:09pm
ZippyDSMleequestion. God this is what I get for writing for the last 3 days…. to much over damn thinking….02/27/2015 - 5:07pm
ZippyDSMleeAndrew Eisen: I was going to say… the basis of feminism(and many things) is group opinion, because she is a part of the group how can she not be influenced by and be lost in whose opinion starts where…but I guess that’s more an existential general human 02/27/2015 - 5:06pm
ZippyDSMleeoy vay this palce hates Noscript I dunno if tis the post being copied from word or scrit issues but it will not let me post sometimes.02/27/2015 - 5:00pm
Andrew EisenYes, I am not portraying her as someone who does not use opinions in her various talks and presentations.02/27/2015 - 4:59pm
ZippyDSMleeattack than think.02/27/2015 - 4:58pm
ZippyDSMleeI can admit a lot of the butthurt coming from the other side is frankly a conditioned response learned from past experiences of censorship and social moral crusades. Which it really is not but it’s a forest for the tree’s issue I guess and it’s easier to 02/27/2015 - 4:58pm
ZippyDSMleeAndrew Eisen: Are you not portraying her as someone who does not use opinion in any of her material ?02/27/2015 - 4:56pm
Andrew EisenDepends on the outlet but what the hell does that have to do with anything anyway?02/27/2015 - 4:50pm
ZippyDSMleeAndrew Eisen: I would not go as far to say she’s like the 6 o’clock news but hard news she is not.02/27/2015 - 4:42pm
Andrew EisenYes, Sarkeesian talks about feminist issues through the lens of pop culture media.02/27/2015 - 4:36pm
ZippyDSMleeE. Zachary Knight: Yes but only to the extent that her issues also dwell in reality most of talk radio is 24/7 BS with a hint of pseudo realism. She talks about real issues and uses the games medium as a launching point into the discussion.02/27/2015 - 4:34pm
Andrew EisenWe've been over this again and again and again and again and again and again and again and again and again. Sarkeeisan is not bending the truth.02/27/2015 - 4:31pm
ZippyDSMleeAndrew Eisen: Going to skip on how they like to bend the truth aren't you? I just might one take you up on finding each instance one day… whenever I have energy…and a brain. LOL02/27/2015 - 4:30pm
E. Zachary KnightZippy, Are you accusing Anita of simply complaining about games in order to make money rather than to actually improve the representation of women in games?02/27/2015 - 4:28pm
 

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