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Re:Foxconn’s empty buildings, empty factories, and empty pro... by maxerickson on Monday October 19, 2020 @11:08PM (#24833582)
Isn't Foxconn all short to medium term potential with sort of middle of the road upfront costs?

Their upfront costs are probably nominally higher than average, but state of the art manufacturing moves fast, the up front costs are either paid back quickly or a waste.

The same forces limit the long term potential; if they don't keep up, the investment quickly withers.

Re:Foxconn’s empty buildings, empty factories, and empty pro... by ineedasername on Monday October 19, 2020 @11:21PM (#24833650)
Well, plenty of manufacturing doesn't require state of the art. Start with that level today, and you can still use it a decade from now for products that don't require bleeding edge.

Take chip fab for example: 45nm chips appeared around 2008, and cutting edge today is 5nm. Yet something like an arduino may come in around 200nm, the Pi 4 is still 28nm. So there's a fairly long lifespan for manufacturing facilities. Some will retool for the latest tech sure, but plenty will simply pivot to a different market niche commensurate with their capabilities.

Re:Foxconn’s empty buildings, empty factories, and empty pro... by maxerickson on Monday October 19, 2020 @11:22PM (#24833658)
They said they were going to make a chip fab in Kenosha?
Re:Foxconn’s empty buildings, empty factories, and empty pro... by ineedasername on Tuesday October 20, 2020 @09:00AM (#24836766)
I was using that as an example of manufacturing capabilities that are not worthless as soon as something better comes along. It's a clearer example than more vague references to electronics that aren't as complex or cutting edge as the latest smart phones. That comparison is true as well, but I thought something more concrete would make the point more clearly.
Re:Foxconn’s empty buildings, empty factories, and empty pro... by tootie on Monday October 19, 2020 @11:10PM (#24833598)
Yes. This investment made no sense. The state would have gotten a better deal by just hiring people directly.
Re:Foxconn’s empty buildings, empty factories, and empty pro... by imtringued on Tuesday October 20, 2020 @04:01AM (#24834912)
That's what I'm thinking too. The only way you can salvage this is by canceling the contract with Foxconn and buying the empty buildings at rock bottom prices and grant funding to local startups who are allowed to use the buildings for a low price. At a minimum this would replace the fake jobs with real ones.
Re:Foxconn’s empty buildings, empty factories, and empty pro... by tootie on Tuesday October 20, 2020 @09:50AM (#24837245)
Good luck with that. Startups aren't chasing real estate. Gov Cuomo sunk a load of money trying to build a startup hub in western new york and it didn't work at all.