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Re:Samsung to halt production at its last computer factory i... by monocasa on Saturday August 01, 2020 @02:01PM (#24022546)
China's spent the last decade or so repositioning itself in the global manufacturing chain to be closer to the US's position. ie. using it's manufacturing and logistics experience and capital to create Chinese brands that they can control and be known for. And as a corollary, less of an emphasis on bottom of the barrel manufacturing as a commodity. Essientially they want to be known for brands with higher quality like western brands are, _and_ keep high skill manufacturing like Foxconn, but push out low skill manufacturing to the south China Sea and eventually to along their belt and road initiative (and maybe Africa). They really want no part of low margin manufacturing anymore, having developed enough for it not to be worth it for them.

You can see the main thrust of this initiative under the "Made in China 2025" initiative.

Re:Samsung to halt production at its last computer factory i... by runawaybottle on Saturday August 01, 2020 @02:22PM (#24022698)
I can understand the initiative, but they also have 1 billion people. There is no way they uplifted that many people out of the lower economy yet. Companies determining that the cost of Chinese labor as not cheap enough due to even a slight increase in price still sounds like immense greed.
Re:Samsung to halt production at its last computer factory i... by monocasa on Saturday August 01, 2020 @02:44PM (#24022866)
You could make the same argument for the US's 350M people. Why would we give up sweat shops when there's homeless and unemployed? Because we view their existence in our economy as an overall downward pressure on average standard of living.
Re:Samsung to halt production at its last computer factory i... by f6v on Saturday August 01, 2020 @02:46PM (#24022882)
I’m no expert, but it’s probably not possible to move manufacturing to places where labor is still cheap in China. After all, the country is huge, and concentration/proximity to shipping routes matters.
Re:Samsung to halt production at its last computer factory i... by waterheater on Saturday August 01, 2020 @04:48PM (#24023792)
According to one source, around 400 million people in China live in poverty [1].

If anything, their policies over the last 40 years were effective at raising many people out of destitute poverty. That said, there's enough people doing well enough that competition for the worst jobs is decreasing, forcing wages higher.

Coupled with China's disregard for basic IP rights, environmental regulations, worker protections, and other rights we in the West fought for over the last century and beyond, it's no wonder people are jumping out while they can.

Sources: [1] https://projectpartner.org/poverty/china-poverty-statistics-...

Re:Samsung to halt production at its last computer factory i... by eunos on Saturday August 01, 2020 @06:27PM (#24024439)
The data seems quite old (pre 2015)
Re:Samsung to halt production at its last computer factory i... by mgraczyk on Saturday August 01, 2020 @04:05PM (#24023457)
This is also about planning ahead. There likely won't be a better time for the migration in the next 20 years.