Samsung to halt production at its last computer factory in China

Re:Samsung to halt production at its last computer factory i... by simonh on Saturday August 01, 2020 @03:28PM (#24023196)

No company exists in isolation. Other countries is SE Asia have lower cost labour further down the skills ladder, they’re available and willing to work, and your competitors may well already be operating there. Stay in China in those circumstances and you’ll be uncompetitive.

This is not a bad thing. China has successfully climbed up the value chain, as Japan, South Korea, Taiwan and Hong Kong did before them. Now it’s the turn of other countries like Vietnam. It’s how hundreds of millions of people have risen out of poverty.

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Re:Samsung to halt production at its last computer factory i... by runawaybottle on Saturday August 01, 2020 @06:09PM (#24024318)

I guess my point is, we don’t saturate the economies, we just move on. There’s enough work on all levels to saturate the US and Chinese economies before moving on to Vietnam.

Fair is a complicated thing to figure out. We are traversing the tree in level order. That’s why vast sectors of each economy (nodes) get left behind.

I don’t think Vietnam should have to wait until we traverse the entirety of US and Chinese economy, there has to be a hybrid (holistic) approach to this.

These are the tough questions I guess. The global economy is stuck in a awful Leetcode question, and there’s no way out.

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