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I still feel like I'm missing something. It's not just the fact that it's going to be more labor expensive (after all, the yuan has fell a lot recently), but th
by zzleeper 10y ago
I still feel like I'm missing something. It's not just the fact that it's going to be more labor expensive (after all, the yuan has fell a lot recently), but that the entire supply chain is in China, so if you produce in the US you'll be forced to hold lots of inventories.
Or is this some BS from Foxconn just to keep Trump happy? Sure, agree to invest, make plans, delay it as much as possible, etc.
- zzleeper 10y agoEdit: or is it a move by Softbank to get the Sprint-TMobile merger approved? "Son is no stranger to grand goals, even if he hasn’t always delivered. He planned to combine Sprint, the No. 4 U.S. wireless operator, with its next rival T-Mobile US Inc. only to be thwarted by regulators. "
- dforrestwilson1 10y agoI have trouble believing that a Sprint-TMUS merger wasn't discussed if they were in the same room. Investors are betting that TMUS is going to get some offers within the next year. TMUS is up 16% since the election vs the S&P500 at 5%. https://www.google.com/finance?q=NASDAQ%3ATMUS&ei=eoRIWNnNIsmAjAGR64m4Cg https://www.google.com/finance?q=NASDAQ%3ATMUS&ei=eoRIWNnNIs... The telecom sector in general is soaring on M&A speculation.