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I suspect Apple will replicate what they are already doing in Brazil, where Foxconn locally built a factory to manufacture specific Apple products to the local
by felipe 14y ago
I suspect Apple will replicate what they are already doing in Brazil, where Foxconn locally built a factory to manufacture specific Apple products to the local market.
Note two things: 1. I suspect this would be a Foxconn factory, not Apple (note how Tim Cook says "we'll be working with people"); 2. The total investment of the Foxconn factory in Brazil was 5 times bigger, so I suspect that Apple's $100m would cover only a fraction of the total investment required to build a factory in the US.
Regardless, that's good news for the American worker.
- janesvilleseo 14y agoI guess then this story from April 1st turns out to be true after all. http://techcrunch.com/2012/04/01/foxconn-plans-new-iowa-plant-will-hire-10-of-states-population/ http://techcrunch.com/2012/04/01/foxconn-plans-new-iowa-plan...
- sparkie 14y agoThey don't need to replicate what they're doing in Brazil if it's still more economical to manufacture in China. The difference with Brazil is a whopping 60% import tax on pretty much anything, which would make an iPad cost about 1,000 USD minimum if they didn't make them locally.