This is what you call hedging your bets. Like any smart business person, Tim Cook asked its slave factory operators at FOXCONN to sketch out plans to move production to the US back in June — in light of Donald Trump promising to ameliorate Apple if they didn’t. Such a plan, however, would be expensive. Estimates from a ‘source’ say it’d cost twice as much to make an iPhone here than in the slave campus in China.
“Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.,” a source said. “Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns.”
Another source said that while Foxconn had been working on the request from Apple Inc., its biggest customer that accounts for more than 50% of its sales, Chairman Terry Gou had been less enthusiastic due to an inevitable rise in production costs.
“Making iPhones in the U.S. means the cost will more than double,” the source said.
The person added that one view among the Apple supply chain in Taiwan is that U.S. President-elect Donald Trump may push the Cupertino, California-based tech titan to make a certain number of iPhone components at home.
LOL at this stupid as shit article saying the Chairman of FOXCONN was ‘less than enthusiastic’ about moving its largest customer out of China and back into the US, without bothering to mention he’s a government agent and FOXCONN is communist Chinese run. You stupid shits.
America is on its way to becoming great again. Bigly.
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Apple moves production back here in exchange for tax relief on bringing the overseas cash back home.
US banks also win in the process.
…and the American consumer loses as the cost of their goods skyrockets. But, hey, what the hell, hooray for nativest, protectionist policies! Let’s turn the clock back to 1950 and watch our newly elected leaders, in all of their infinite wisdom, attempt to resurrect manufacturing, a dying industry, all in the name of making this country great again!
I’d rather prefer my fellow brothers to hold better jobs rather than seeing them owning cheap stuff made in China
1950 was a bad time? Anyway, I hate cell phones. Did Bogie use one?
cuck
Matt bear has it. How many $$B are languishing in overseas accts because the companies face heinous taxation if said coin is repatriated??
I still have my StarTac and am willing to use it.
I’d happily pay twice as much for an iPhone if it means more jobs in the US.
Ditto.
And they dont blow up. So foxcon in nevada or michigan? Texas?
Usa usa usa. Go dollar go. Trump wins bigly.
Gay robots making phones. Anerica wins
Another plus. US fixcon will not have a slave campus with mass suicides.
The phones will cost more, but consumers will just finance them with longer terms.
So iphones made under obozo would be twice as much. So trump now has target to offset cost tobe equal. Easy peasy. Being president is easy if you remove the money from campaign. Trump owes no one nothing except the red states. As jfk and the gipper. They will go after him as he like they are fighting corrupt leaders who feel cornered.