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Isn't the whole reason the "West" does manufacturing in the China because of the labor arbitrage gambit? If Foxconn goes into robotic manufacturing where is the
by TDL 15y ago
Isn't the whole reason the "West" does manufacturing in the China because of the labor arbitrage gambit? If Foxconn goes into robotic manufacturing where is their competitive advantage?
- jeffool 15y agoA lower cost of manufacturing for robots and repair, maybe? But, for the record, US manufacturing output is very high, even as the number of people in the sector plummets. Robotization.