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Boo hoo, poor Micron. Seems there are some hidden costs to exporting all manufacturing to China. This has happened over and over (see because China often req
by prirun 8y ago
Boo hoo, poor Micron. Seems there are some hidden costs to exporting all manufacturing to China. This has happened over and over (see because China often requires American companies "partner" with a Chinese company to setup shop in China:
https://www.chinalawblog.com/2011/04/fellowes_brought_to_its_knees_in_china_blame_the_joint_venture.html https://www.chinalawblog.com/2011/04/fellowes_brought_to_its...
US companies like cheap foreign labor and manufacturing, but need to realize there could be a high long-term cost - one that could put them out of business. We Americans seem to have a hard time focusing on long-term results. If an action boosts short-term profits or the stock price, we do it.