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Well, there's always the iPed: http://www.product-reviews.net/2010/06/01/apple-ipad-vs-china-iped-apad-which-one-is-better/ http://www.product-reviews.net/2010/
by erikstarck 16y ago
Well, there's always the iPed:
http://www.product-reviews.net/2010/06/01/apple-ipad-vs-china-iped-apad-which-one-is-better/ http://www.product-reviews.net/2010/06/01/apple-ipad-vs-chin...
I don't think this is much different from working in a luxury car factory building cars you can probably never afford. Wealth is relative.
You also have to remember the tremendous growth China has been ging through the last couple of decades. People living there must have got used to each year being a lot better than last year.
So maybe that iPad doesn't look too far off after all for a factory worker.
- alxp 16y agoHenry Ford paying his workers enough to buy his own products transformed an entire nation. Foxcon and Apple's profits are big enough that they could actively try and raise the standard of living of their own employees instead of joining the race to the bottom. Shareholders will need to be mollified but maybe Apple could be on the right side of history if something big is going to change in China's worker relations in the coming years.
- c1sc0 16y agoI've been making semi-regular (about once a year) visits to the same places in Shanghai over the last few years and it always amazes me how a) each time there is so much change and b) how much the locals seem to take this change for granted. When the economy grows at a steady 10% every year and the real estate market at 30%, people's expectations simply get a lot higher. The potential for growth simply a lot higher than in Europe or the US and people adjust their expectations.