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>their global sales rely on first manufacturing in China? for the past years but China's wages is increasing and Chinese crack down on tech company like Alibab
by MangoCoffee 5y ago
>their global sales rely on first manufacturing in China?
for the past years but China's wages is increasing and Chinese crack down on tech company like Alibaba, Tencent, DiDi...etc. would it extend to foreign company? Not to mention the rise of Chinese domestic tech company like Xiaomi.
it look like Apple is not making their money back in China with this deal.
"To placate Beijing, though, some capital may have served more like donations to state enterprises and local governments. The company generated $249 billion of sales in Greater China over the last five years, less than the pledged amount."
https://www.reuters.com/breakingviews/apples-ugly-china-deal-mostly-bought-time-2021-12-08/ https://www.reuters.com/breakingviews/apples-ugly-china-deal...
- deleted 5y ago[deleted]
- alliao 5y agoeven less when you take out Taiwan's revenue from that 249bn