Basically all the world's computer parts come from the same supply chain that runs from Korea, down through coastal China, over to Taiwan, and down to Malaysia.
We have offshored a lot of our industry for critical supplies, critical health care supplies, and critical medicines to save money.
Donald Trump's shipped jobs to 12 countries, including Mexico.
One has to understand China correctly. Our management there consists of native Chinese, we produce locally and our suppliers also come from China. In this way, we too can also enjoy the cost advantages.
More American companies are getting bought by foreign firms or they're becoming foreign firms or they're outsourcing. Right now the tax code says if you want to make something in another country and re-import it back into America, go ahead and do that. We don't want to incentivize that.
Many large brands are now just marketing machines for what's being made offshore.
By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China.
The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.
Asia is the market and the location where production is inexpensive. The technological expertise and specialist knowledge comes from the industrialized world.
Apple! Boy, what a story. No taxes paid, everything made abroad - yet everyone worships them. This new iPhone, there’s nothing new in it. Just a golden color. What the hell, right? When people start playing with color, you know they’re played out.
