Re:Money Pours into New Fabs and Facilities
by FirmwareBurner on Tuesday January 09, 2024 @12:05PM
(#38928566)
Shenzhen labor is cheap only compared to US labor but it's already more expensive than several European countries now.
Seriously, manufacturing engineers in Shenzhen have higher wages than Ukraine and even Romania, Bulgaria and Hungary. And yet most electronic prototyping and manufacturing happens in Schengen and not Eastern Europe.
Why is that I wonder? /Rhetorical question
Its labor that’s cheap there not rent.