Re:Foxconn Weighs $7B U.S. Display Plant
by funkyy on Sunday January 22, 2017 @06:31PM
(#13458361)
I do not understand why such a company would not go for central European company where it would get the price for quality ratio much better than in the US. I know that building a factory by Foxconn is probably a way to pay building tax, but the question is if that outweighs revenue.
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Re:Foxconn Weighs $7B U.S. Display Plant
by saycheese on Sunday January 22, 2017 @06:38PM
(#13458409)
(1) >> "rising demand for larger displays makes domestic U.S. production a better solution than shipping from China"
Europe would likely cost more than less for shipping.
(2) >> "may create an eventual 30,000 to 50,000 jobs"
Apple is a US company and likely trying to earn some goodwill with Trumps and the public. Foxconn is also looking for good will and to hedge against a possible trade war.
(3) >> "Apple is willing to invest in the facility together"
Speaks for itself.
The EU regulations and tariffs alone would be too much of a headache, especially if the phones and/or components are eventually exported outside the EU. A better idea would be to setup a factory in Eastern Europe.
North Africa is another great option in my opinion: e.g., Morocco or Tunisia. Cheap skilled labor with a growing economy, yet still close to Europe and (relatively) North America.
Re:Foxconn Weighs $7B U.S. Display Plant
by akhatri_aus on Sunday January 22, 2017 @08:06PM
(#13458840)
There's too much red tape.
Re:Foxconn Weighs $7B U.S. Display Plant
by many_bells_down on Sunday January 22, 2017 @07:06PM
(#13458572)
Central Europe, unlike central America, does not have Trump as its champion.
Re:Foxconn Weighs $7B U.S. Display Plant
by seanmcdirmid on Sunday January 22, 2017 @07:27PM
(#13458665)
Is Trump popular in Central America? I thought his whole anti Mexico spiel would make him very unpopular.