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Foxconn Considers $7 Billion Screen Factory In US, Which Could Create Up To 50,000 Jobs (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: Foxconn, the Taiwanese contract manufacturing company best known for its partnership with Apple, has said that it is mulling a $7 billion investment in U.S. manufacturing that could create between 30,000 and 50,000 jobs. According to The Wall Street Journal, Foxconn Chairman Terry Gou says the company is talking with the state of Pennsylvania among others about getting the land and electricity subsidies it would need to build a factory. "If U.S. state governments are willing to provide these terms, and we calculate and it is cheaper than shipping from China or Japan, then why wouldn't Sharp build a factory in the U.S.?" said Gou. The factory would build flat-panel screens under the Sharp name -- Foxconn bought Sharp around this time last year for $5.1 billion. Sharp President Tai Jeng-wu hinted in October of 2016 that U.S. manufacturing could be a possibility for Sharp, and he also indicated that Apple could begin using OLED display panels in future iPhones. Apple currently uses OLED in the Apple Watch and in the new MacBook Pro's Touch Bar, but otherwise it hasn't pushed to adopt the technology as some Android phone manufacturers have.
"the company is talking with the state of Pennsylvania among others about getting the land and electricity subsidies it would need to build a factory"
You are welcome on my lawn.
*considers* and *could* are not the same as *is and *will*
In case anyone was wondering, shipping costs have NEARLY NOTHING to do with this.
The Ocean Freight industry - particularly Trans-Pacific East-Bound (ie China to US) has had long term overcapacity issues for a decade, Depending on who you're talking to, essentially for every $100 they make, the industry has been spending $105-$110 for more than a handful of years.
It got to a point that last year, you could ship a truckload of cargo from Hong Kong to Brazil port to port for $50.
https://www.flexport.com/blog/...
They're not quite that bad anymore but still, you can ship a truckload from China to Los Angeles cheaper than the cost of delivering that load from the port to a point in Metro Los Angeles.
-Styopa
"Subsidies" in these cases are usually "waive collecting taxes/fees" instead of "hand over cash".
Panasonic's newer factories in Japan are "lights out", as in they are so automated that they could run with the lights off.
It's the only way to make high end displays. Dust free, parts moved by robot, precision assembly way beyond what a human could manage.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
The same company than made the news for automating away 60,000 jobs in a single plant because even though the jobs only paid between $1.60 and $2.20 an hour it was still cheaper to remove the jobs anyways.
And we are talking about THAT company and creating 50,000 at American wages in an industry that can be so automated away that it is virtually unmanned?
Get the fuck out of here with that noise.....
At best you would see them create 50,000 temporary jobs building the plant and setting up the automation as quickly as possible before letting them go and letting this virtually unmanned machine loose and probably getting the tax payers to spread their butts to give them tax cuts like Trump is proposing and did with Carrier.
But this company actually creating that many permanent jobs at even minimum wage in the US in this market? I have a better chance getting a 3-some with Jessica Alba and Hayden Panettiere.
I used to think conservatives were against welfare.
Depends on what you mean by welfare..... Free handouts for no purpose but to pay off one's supporters or buy votes? No, generally don't support that.... Free food and healthcare for abled bodied people who refuse to take responsibility? No, don't support that either and neither do most of my republican friends.
Supporting those who cannot work though no fault of their own and cannot support themselves? I'm good with that kind of welfare. Tax abatements and incentives to bring businesses and associated jobs from overseas? Depending on the business, I can see that being a good thing too and if you call THAT welfare, then I guess republicans are for that kind of welfare.
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
I agree completely, according to this: http://www.bbc.com/news/technology-36376966 it will actually take at least 10k jobs away from the US after they are done.
Nevermind that Foxxconn first announced this plan back in 2013 - under Obama's watch right ? This new "update" announcement is just a way to score brownie points with the new administration over something they've been busy working on for years.
Unicode killed the ASCII-art *
>Democratic ain't perfect, but they will usually compromise to get the job done. I almost wish they would not.
You're about to get your wish. After 8 years of seeing one of the best democrat presidents of all time being obstructed senselessly at every turn, decried as a radical no matter how centrist and bipartisan and moderate he acted... the democrats are done playing nice, they sure as hell aren't going to play nice with the worst republican president of all time. There isn't a democrat anywhere on the hill who hasn't got the message: compromise will lose you, your seat.
In 2010 the Tea Party gained massive influence over politics, despite never being more than about 10% of the people - and never holding more than 10% of the seats on the hill they controlled the entire thing, right down to the power to twice shut down the entire government ! Because the elections that put those 41 people into government sent a clear message to every other republican that if they compromise in any way - they are doomed to lose their seats too.
Now imagine what happens when the 66%-odd of Americans who hold progressive values take the same stance. 3 Million women marched in America this weekend (and another 2 million around the world) - and not just in the big cities. There were small towns where 50% of the population was marching. You think they'll accept compromise with the guy who declared his inauguration-day a "day of patriotic devotion" like the worst kind of banana-republic? With the guy who, on his second day in office, signed a death warrant for millions of women around the world (the global gag order) and is promising to do the same to them (defunding planned parenthood) ?
Between 1968 and 1988 California consistently voted for the republican presidential candidate. They were the second reddest state in the Union after Texas. In 1992 the republican government went too far. They came up with prop-187, a proposition that essentially denied all public services to anybody who was an illegal immigrant. Just like now, the debate was ostensibly about law-and-order, budgets and the like... but it would quickly degenerate into "too many brown people" every time. And just like now - it was filled with flagrant lies: immigration was, in fact, down at the time, the economic difficulties of California at that time had nothing to do with immigration - they were caused by the end of the cold war and the resulting loss of lots of defence jobs in the state, the school overcrowding had nothing to do with immigration (in fact enrollment was lower than in the 1980s), that was caused by the republican government's massive tax and budget cuts having led to lots of schools being closed.
The centrist wing of the democratic party at the time tried a campaign that still treated immigrants as lesser - they just didn't think prop-187 was a good solution to the problem (they argued that without healthcare immigrant waiters would make people sick, without schooling their kids would become criminal delingquents etc.) but the liberal wing of the party took a different tack. They embraced diversity - and started building a broad coalition with multiple race groups. African Americans, Asian Americans and Latino-Americans were pulled in - and they did serious work to undermine the effects, including organising free citizens-ship classes and helping latino-Americans to become citizens, then register to vote - more than 10-thousand immigrants became citizens with their help in the first year.
By the time of the next election - democrats (And specifically the liberal wing of the party) won the state in a landslide, they've controlled the state houses ever since and the only time they haven't held the governorship was that time with Arnie, and even he had to see all his budgets rejected until he rewrote them into something the liberals could, if not like, at least tolerate. The interesting thing is that, as the democrats ruled California the state went from the worst economic state in it's history post-cold-war to one of the
Unicode killed the ASCII-art *