Re:Apple supplier Foxconn to invest $1B in India, sources say
by puranjay on Saturday July 11, 2020 @06:30AM
(#23801010)
Agreed. China's wages have risen steadily to the point that they are substantially higher than the competition (Vietnam, India, etc.). Yet during the same time, their share of global manufacturing has also increased. Low wages are only part of the reason for China's manufacturing dominance. A lot has to do with supply chains, industrial expertise and skilled workforce.
But there will be a shift away.
China is producing a level of design and manufacture that nobody can compete with.
Other countries can take on some of the low-end stuff, but there's just a lot they will not be able to do.
China has an educated workforce that also works at very low wages, and a government bent on providing the infrastructure necessary to make it all work.
Huawei is not going to be reproduced in Vietnam for example.