• Re: Leftist Slaver Apple Makes Plans to Move Production Out of China

    From Ben Joe McCoy@21:1/5 to [email protected] on Sun Dec 4 07:49:14 2022
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, alt.business
    XPost: sac.politics

    In article <ssh638$iach$[email protected]>
    <[email protected]> wrote:

    Apple uses slaves to build toys for stupid people.

    In recent weeks, Apple Inc. has accelerated plans to shift some
    of its production outside China, long the dominant country in
    the supply chain that built the world�s most valuable company,
    say people involved in the discussions. It is telling suppliers
    to plan more actively for assembling Apple products elsewhere in
    Asia, particularly India and Vietnam, they say, and looking to
    reduce dependence on Taiwanese assemblers led by Foxconn
    Technology Group.

    Turmoil at a place called iPhone City helped propel Apple�s
    shift. At the giant city-within-a-city in Zhengzhou, China, as
    many as 300,000 workers work at a factory run by Foxconn to make
    iPhones and other Apple products. At one point, it alone made
    about 85% of the Pro lineup of iPhones, according to market-
    research firm Counterpoint Research.

    The Zhengzhou factory was convulsed in late November by violent
    protests. In videos posted online, workers upset about wages and
    Covid-19 restrictions could be seen throwing items and shouting
    �Stand up for your rights!� Riot police were present, the videos
    show. The location of one of the videos was verified by the news
    agency and video-verification service Storyful. The Wall Street
    Journal corroborated events shown in the videos with workers at
    the site.

    Coming after a year of events that weakened China�s status as a
    stable manufacturing center, the upheaval means Apple no longer
    feels comfortable having so much of its business tied up in one
    place, according to analysts and people in the Apple supply
    chain.

    �In the past, people didn�t pay attention to concentration
    risks,� said Alan Yeung, a former U.S. executive for Foxconn.
    �Free trade was the norm and things were very predictable. Now
    we�ve entered a new world.�

    One response, say the people involved in Apple�s supply chain,
    is to draw from a bigger pool of assemblers�even if those
    companies are themselves based in China. Two Chinese companies
    that are in line to get more Apple business, they say, are
    Luxshare Precision Industry Co. and Wingtech Technology Co.

    On calls with investors earlier this year, Luxshare executives
    said some consumer-electronics clients, which they didn�t name,
    were worried about Chinese supply-chain snafus caused by Covid-
    prevention measures, power shortages and other issues. They said
    these clients wanted Luxshare to help them do more work outside
    China.

    The executives referred to what is known as new product
    introduction, or NPI, when Apple assigns teams to work with
    contractors in translating its product blueprints and prototypes
    into a detailed manufacturing plan.

    It is the guts of what it takes to actually build hundreds of
    millions of gadgets, and an area where China, with its
    concentration of production engineers and suppliers, has
    excelled.

    Apple has told its manufacturing partners that it wants them to
    start trying to do more of this work outside of China, according
    to people involved in the discussions. Unless places like India
    and Vietnam can do NPI too, they will remain stuck playing
    second fiddle, say supply-chain specialists. However, the
    slowing global economy and slowing hiring at Apple have made it
    hard for the tech giant to allocate personnel for NPI work with
    new suppliers and new countries, said some of the people in the
    discussions.

    Apple and China have spent decades tying themselves together in
    a relationship that, until now, has mostly been mutually
    beneficial. Change won�t come overnight. Apple still puts out
    new iPhone models every year, alongside steady updates of its
    iPads, laptops and other products. It must keep flying the plane
    while replacing an engine.

    �Finding all the pieces to build at the scale Apple needs is not
    easy,� said Kate Whitehead, a former Apple operations manager
    who now owns her own supply-chain consulting firm.

    Yet the transition is under way, driven by two causes that are
    feeding on each other to threaten China�s historic economic
    strength. Some Chinese youth are no longer eager to work for
    modest wages assembling electronics for the affluent. They are
    seething in part because of Beijing�s heavy-handed Covid-19
    approach, itself a concern for Apple and many other Western
    companies. Three years after Covid-19 started circulating, China
    is still trying to crush outbreaks with measures like
    quarantines, as many other countries have returned to
    prepandemic norms.

    Protests in Chinese cities over the past week, during which some
    demonstrators called for the ouster of President Xi Jinping,
    suggested criticism over Covid-19 restrictions could build into
    a larger movement against the government.

    All this comes on top of more than five years of heightened U.S.-
    China military and economic tensions under the Trump and Biden
    administrations over China�s rapidly expanding military
    footprint and U.S. tariffs on Chinese goods, among other
    disputes.

    Apple�s longer-term goal is to ship 40% to 45% of iPhones from
    India, compared with a single-digit percentage currently,
    according to Ming-chi Kuo, an analyst at TF International
    Securities who follows the supply chain. Suppliers say Vietnam
    is expected to shoulder more of the manufacturing for other
    Apple products such as AirPods, smartwatches and laptops.

    For now, consumers doing Christmas shopping are stuck with some
    of the longest wait times for high-end iPhones in the product�s
    15-year history, stretching until after Christmas. Apple issued
    a rare mid-quarter warning in November that shipments of the Pro
    models would be hurt by Covid-19 restrictions at the Zhengzhou
    facility.

    In November, as the worker protests in the facility grew, Apple
    issued a statement assuring it was on the ground looking to
    resolve the issue. �We are reviewing the situation and working
    closely with Foxconn to ensure their employees� concerns are
    addressed,� a spokesman said at the time.

    The risk of too much concentration in China has long been known
    to Apple executives, yet for years they did little to lessen it.
    China supplied a literate and diligent workforce, political
    stability and a huge local market for Apple�s products.

    Taiwan-based Foxconn, under founder Terry Gou, became an
    essential link between Apple in California and the Chinese
    assembly plants where iPhones get put together. Foxconn managers
    share a language and cultural background with mainland workers.
    Pegatron Corp., another Taiwan-based contractor, has played a
    smaller but similar role.

    And both the government in Beijing and local governments in
    places such as Henan province, home to the Zhengzhou plant, have enthusiastically supported Apple�s business, seeing it as an
    engine of jobs and growth.

    Even now, when ever-harsher anti-American rhetoric flows each
    day from Beijing over issues such as Taiwan and human rights,
    that backing remains strong.

    People�s Daily, the mouthpiece of the Chinese Communist Party,
    hailed the Apple production site in a Nov. 20 video, saying it
    accounted directly or indirectly for more than a million local
    jobs. Foxconn shipped about $32 billion in products overseas
    from Zhengzhou in 2019, according to a Chinese government-linked
    think tank. All told, the Foxconn group accounted for 3.9% of
    China�s exports in 2021, according to the company.

    �The government�s timely assistance�continuously provides a
    sense of certainty for multinational companies like Apple, as
    well as for the world�s supply chain,� the People�s Daily video
    said.

    Yet such words ring hollow to many U.S. businesses in light of
    stringent anti-Covid measures by the government that have
    hampered production and roused worker unrest. A survey by the
    U.S.-China Business Council this year found American companies�
    confidence in China has fallen to a record low, with about a
    quarter of respondents saying they have at least temporarily
    moved parts of their supply chain out of China over the past
    year.

    To keep operating during government Covid measures, the
    Zhengzhou factory is among those compelled to adopt a system in
    which workers stay on-site and contact with the outside world is
    limited to the bare minimum to keep the goods flowing. Foxconn
    has sealed smoking areas, switched off vending machines and
    closed dining halls in favor of carryout meals that workers
    bring back to their dormitories, often a half-hour walk away,
    workers said.

    Many have escaped, jumping fences and walking along empty
    highways to get back to their hometowns. In November, the
    pandemic policies and pay disputes further fueled workers�
    grievances. Some clashed with police at the site and left
    smashed glass doors.

    Many of those abandoning the factory were young people who said
    on social media that they decided wages equivalent to $5 or less
    an hour weren�t enough to compensate for tedious production
    work, exacerbated by Covid restrictions.

    �It�s better for us to skate by at home than to be sucked dry by
    capitalists,� one person who identified herself as a departed
    Foxconn worker posted on her social-media account after the
    protests.

    Asked for comment, a Foxconn spokesman referred to earlier
    statements in which the company blamed a computer error for some
    of the pay issues raised by new hires. It said it guaranteed
    recruits would be paid what was promised in recruitment ads. The
    spokesman declined to comment further.

    China�s Covid policy �has been an absolute gut punch to Apple�s
    supply chain,� said Wedbush Securities analyst Daniel Ives.
    �This last month in China has been the straw that broke the
    camel�s back for Apple in China.�

    Mr. Kuo, the supply-chain analyst, said iPhone shipments in the
    fourth quarter of this year were likely to reach around 70
    million to 75 million units, which he said was around 10 million
    fewer than market projections before the Zhengzhou turmoil. The
    top-of-the-line iPhone 14 Pro and Pro Max models have been
    particularly hard-hit, he said.

    Accounts vary about how many workers are missing from the
    Zhengzhou factory, with estimates ranging from the thousands to
    the tens of thousands. Mr. Kuo said it was running at only about
    20% capacity in November, a figure expected to improve to 30% to
    40% in December. One positive sign came Wednesday, when the
    local government in Zhengzhou lifted lockdown restrictions.

    One Foxconn manager said hundreds of workers were mobilized to
    move machinery and components by truck and plane nearly 1,000
    miles from Zhengzhou in central China to Shenzhen in the south,
    where Foxconn has its other main factories in China. The
    Shenzhen factories have made up some, but not all, of the
    production gap.

    Meanwhile, Foxconn is offering money to get workers to come back
    and stay for a while. One of its offers is a bonus of up to
    $1,800 for January to full-time workers in Zhengzhou who joined
    at the start of November or earlier. Those who wanted to quit
    have gotten $1,400.

    India and Vietnam have their own challenges.

    Dan Panzica, a former Foxconn executive who now advises
    companies on supply-chain issues, said Vietnam�s manufacturing
    was growing quickly but was short of workers. The country has
    just under 100 million people, less than a 10th of China�s
    population. It can handle 60,000-person manufacturing sites but
    not places such as Zhengzhou that reach into the hundreds of
    thousands, he said.

    �They�re not doing high-end phones in India and Vietnam,� said
    Mr. Panzica. �No other places can do them.�

    India has a population nearly the size of China�s but not the
    same level of governmental coordination. Apple has found it hard
    to navigate India because each state is run differently and
    regional governments saddle the company with obligations before
    letting it build products there.

    �India is the Wild West in terms of consistent rules and getting
    stuff in and out,� said Mr. Panzica.

    The U.S. embassies of India and Vietnam didn�t respond to
    requests for comment.

    Nonetheless, �Apple is going to have to find multiple places to
    replace iPhone City,� Mr. Panzica said. �They�re going to have
    to spread it around and make more villages instead of big
    cities.�

    �Selina Cheng contributed to this article.

    Write to Yang Jie at [email protected] and Aaron Tilley at
    [email protected]

    <https://www.msn.com/en-us/money/news/apple-makes-plans-to-move- production-out-of-china/ar- AA14QCFL?ocid=BingHp01&cvid=6056496d4e8246b7d045b2d1004a7bf4>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bob Campbell@21:1/5 to All on Sun Dec 4 15:21:29 2022
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, alt.business
    XPost: sac.politics

    Ben Joe McCoy <[email protected]> wrote:

    TL;DR

    Never put all of your eggs in one basket.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From [email protected]@21:1/5 to All on Sun Dec 4 18:14:08 2022
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, alt.business
    XPost: sac.politics

    On Sun, 04 Dec 2022 15:21:29 +0000, Bob Campbell <[email protected]>
    wrote:

    Ben Joe McCoy <[email protected]> wrote:

    TL;DR

    Never put all of your eggs in one basket.

    Concerned about how China's covid policy's have sharply curtailed
    production and meant delivery delays of new Apple products at
    Christmas. Apple is now looking to India to increase production
    outside of China.

    Swill
    --
    "Reality is an acquired taste." - Matthew Perry

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bob Campbell@21:1/5 to [email protected] on Mon Dec 5 17:27:34 2022
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, alt.business
    XPost: sac.politics

    <[email protected]> wrote:
    On Sun, 04 Dec 2022 15:21:29 +0000, Bob Campbell <[email protected]>
    wrote:

    Ben Joe McCoy <[email protected]> wrote:

    TL;DR

    Never put all of your eggs in one basket.

    Concerned about how China's covid policy's have sharply curtailed
    production and meant delivery delays of new Apple products at
    Christmas. Apple is now looking to India to increase production
    outside of China.

    The reasons are irrelevant. Apple is too large to be doing high
    percentages of its manufacturing in a single building. An earthquake - or
    any other natural disaster - and Apple is out of business.

    Never put all your eggs in one basket.

    They ARE now beginning to spread out. Along with India, TSCM has a new
    chip factory in the U.S. that will be opening soon.

    This is all Good News for Apple. Or any large company selling products globally.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From [email protected]@21:1/5 to All on Mon Dec 5 13:35:58 2022
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, alt.business
    XPost: sac.politics

    On Mon, 05 Dec 2022 17:27:34 +0000, Bob Campbell <[email protected]>
    wrote:

    <[email protected]> wrote:
    On Sun, 04 Dec 2022 15:21:29 +0000, Bob Campbell <[email protected]>
    wrote:

    Ben Joe McCoy <[email protected]> wrote:

    TL;DR

    Never put all of your eggs in one basket.

    Concerned about how China's covid policy's have sharply curtailed
    production and meant delivery delays of new Apple products at
    Christmas. Apple is now looking to India to increase production
    outside of China.

    The reasons are irrelevant. Apple is too large to be doing high
    percentages of its manufacturing in a single building. An earthquake - or >any other natural disaster - and Apple is out of business.

    Never put all your eggs in one basket.

    They ARE now beginning to spread out. Along with India, TSCM has a new
    chip factory in the U.S. that will be opening soon.

    This is all Good News for Apple. Or any large company selling products >globally.

    Other companies are also diversifying from China for the same reasons.

    Swill
    --
    "Reality is an acquired taste." - Matthew Perry

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)