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Foxconn, other Asian firms consider Mexico factories as China risks grow
- aksss 6y agoThis would be great for Mexico, if such moves actually materialize. Perhaps the most interesting thing I read in this article: "Foxconn Chairman Liu Young-way told an investor conference in Taipei on Aug. 12 the world was split into “G2” - or two groups - following Sino-U.S. tensions, saying his firm was working on “providing two sets of supply chain to service the two markets.” “The world factory no longer exists,” he said, adding that about 30% of the company’s products were now made outside China and the ratio could increase."
- awalton 6y agoStill waiting on that Wisconsin factory they promised...
- TT3351 6y agoI will take any excuse to post this article. Government subsidized corporate property development (thinking also of sports stadiums) is a rip off https://www.theverge.com/2020/4/12/21217060/foxconn-wisconsin-innovation-centers-empty-buildings https://www.theverge.com/2020/4/12/21217060/foxconn-wisconsi...
- tibbydudeza 6y agoThe stuff will still be sourced from China and robots will just knock it together (like CKD kits in the motoring world) in Mexico ... don't think this is what Trump had in mind.