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Apple's Top Assembler Foxconn Confirms Plans for US Investment, To Create 50,000 Jobs (bloomberg.com)
Foxconn, the biggest assembler of Apple devices, is in preliminary discussions to make an investment that would expand the company's U.S. operations. From a report on Bloomberg: The disclosure came hours after an announcement by U.S. President-elect Donald Trump and SoftBank Group's Masayoshi Son to invest $50 billion in the U.S. and create 50,000 jobs. The money will come from SoftBank's $100 billion technology fund, which was announced in October, a person familiar with the matter said. A document that Son held up after the meeting in Trump Tower also included the words "Foxconn," "$7 billion" and "50,000 new jobs" in addition to SoftBank's numbers. "While the scope of the potential investment has not been determined, we will announce the details of any plans following the completion of direct discussions between our leadership and the relevant U.S. officials," Foxconn said in a statement. "Those plans would be made based on mutually-agreed terms."
Most of the putative 50000 jobs are going to be construction work building the factories.
That's still a net positive. That's 50,000 construction jobs that wouldn't exist in the U.S. if FoxConn stays put in China.
If you have even 100 employees constantly doing a very similar job, you can easily afford to spend 5 million developing a custom robotic solution)
$5,000,000 to develop a custom solution?!?! You're seriously underestimating the cost involved with that. Just a off-the-shelf robot alone can cost $100,000, without programming or other peripherals.
https://techcrunch.com/2016/03...
If you post as Anonymous Coward, don't expect a reply.
Trump's Taiwan excursion was heavily planned after months of lobbying by Bob Dole and other registered foreign agents of Taiwan. Oh, and the Trump Organization sent someone to investigate a potential billion dollar deal to develop land in Taiwan while this was going on. But no conflict of interest there!
A NYC lawyer blogs. http://www.chuangblog.com/
Uh, the pissing off China by seemingly recognizing Taiwan as an independent state is a thing that actually happened, you know.
If you voted for DT, you are not allowed to be pissed off. China didn't take your jobs / factories. IP you MAY have an argument for, but not the other two. Chinese Manufacturers and Corporations can produce for much cheaper labour. In a "pro-corporation" stance that many Americans seem to have taken that want less regulation (despite backroom deals with specific companies), this is a result -- China has almost no (safety, minimum wage) regulations that it observes.
China is taking our real estate, too.
The suicide rate at Foxconn during 2010 remained lower than that of the general Chinese population at the time[6] as well as all 50 states of the United States.[38]