Go Back  CorvetteForum - Chevrolet Corvette Forum Discussion > Off Topic > Politics, Religion & Controversy
Reload this Page >

More Tech Manufacturing Companies Exit China – Nintendo and Sharp Plan Exits…

Politics, Religion & Controversy Politics | Religion | Controversy (Non-Corvette)

More Tech Manufacturing Companies Exit China – Nintendo and Sharp Plan Exits…

 
Old 06-12-2019, 05:37 PM
  #1  
1%r
CF Senior Member
Support Corvetteforum!
Thread Starter
 
1%r's Avatar
 
Member Since: Mar 2003
Location: Americans First
Posts: 74,414
Received 76 Likes on 54 Posts
St. Jude Donor '03 through '17

Default More Tech Manufacturing Companies Exit China – Nintendo and Sharp Plan Exits…

More Tech Manufacturing Companies Exit China – Nintendo and Sharp Plan Exits…

Posted on June 12, 2019by sundance


Against the intense leverage being applied by President Trump, last week Beijing doubled-down and threatened punishment against any company that would leave China and begin manufacturing elsewhere.

The totalitarian response was predictable and expected. However, also predictable was the corporate response to the threats.

As we shared: “China is counting on prior western investment being so significant that a corporation will be reluctant to withdraw. However, in this outlook Beijing seriously underestimates the free market because communist controlled China doesn’t understand the action of a inherently free market.

The first loss is the best loss. If walking away from an investment provides more financial security and stability than attempting to retain a grip on a tenuous position – corporations will walk away.” (more)

Now today – “Nintendo Moves Some Switch Production Out of China”:
TOKYO— Nintendo Co. is shifting some production of its Switch videogame console to Southeast Asia from China to limit the impact of possible U.S. tariffs on Chinese-made electronics, said people who work on Nintendo’s supply chain.

It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
Continue reading →



1%r is offline  
Old 06-12-2019, 05:59 PM
  #2  
68/70Vette
CF Senior Member
 
Member Since: Jul 2004
Location: Torrance California
Posts: 25,678
Received 12 Likes on 10 Posts
Default

The next threatened wave of 25% tariff is to apply to the next $350 million. $250 million is currently subject to 25%. I wonder if Apple is included in the next #350 million. They're in trouble is their stuff manufactured in China is hit with a 25% tariff. Wonder how much they can save on manufacturing costs if Chinese spy firmware is no longer included in their stuff.
68/70Vette is offline  
Old 06-12-2019, 06:01 PM
  #3  
owebo
CF Senior Member
 
owebo's Avatar
 
Member Since: Aug 2006
Location: Washigton, DC
Posts: 112,437
Received 31 Likes on 27 Posts
St. Jude Donor '11, '16
Default

#winning
owebo is online now  
Old 06-12-2019, 06:05 PM
  #4  
1%r
CF Senior Member
Support Corvetteforum!
Thread Starter
 
1%r's Avatar
 
Member Since: Mar 2003
Location: Americans First
Posts: 74,414
Received 76 Likes on 54 Posts
St. Jude Donor '03 through '17

Default

TECH

Foxconn says it can build enough iPhones outside China to meet US demand: Report

PUBLISHED TUE, JUN 11 2019 8:29 AM EDTUPDATED TUE, JUN 11 2019 9:23 AM EDT



Todd Haselton
@ROBOTODD
1%r is offline  
Old 06-12-2019, 06:09 PM
  #5  
TBIRD57
CF Senior Member
 
TBIRD57's Avatar
 
Member Since: Apr 2007
Posts: 12,696
Received 70 Likes on 60 Posts
Default

Originally Posted by 1%r View Post
TECH

Foxconn says it can build enough iPhones outside China to meet US demand: Report

PUBLISHED TUE, JUN 11 2019 8:29 AM EDTUPDATED TUE, JUN 11 2019 9:23 AM EDT



Todd Haselton
@ROBOTODD
won't Apple then lose its millions of Chinese customers?sort of addition by subtraction?
TBIRD57 is offline  
Old 06-12-2019, 06:13 PM
  #6  
1%r
CF Senior Member
Support Corvetteforum!
Thread Starter
 
1%r's Avatar
 
Member Since: Mar 2003
Location: Americans First
Posts: 74,414
Received 76 Likes on 54 Posts
St. Jude Donor '03 through '17

Default

Originally Posted by TBIRD57 View Post
won't Apple then lose its millions of Chinese customers?sort of addition by subtraction?
possibly but who's going to pay another 300-400 more for an iPhone? i own mine and only have to pay 199 for an upgrade every 2 years. if apple has been good at one thing is being able to maintain jacked up prices. everything hits a plateau at some point
1%r is offline  
Old 06-12-2019, 10:23 PM
  #7  
TBIRD57
CF Senior Member
 
TBIRD57's Avatar
 
Member Since: Apr 2007
Posts: 12,696
Received 70 Likes on 60 Posts
Default

Originally Posted by 1%r View Post
possibly but who's going to pay another 300-400 more for an iPhone? i own mine and only have to pay 199 for an upgrade every 2 years. if apple has been good at one thing is being able to maintain jacked up prices. everything hits a plateau at some point
hey getting a 'possibly" reply from you followed by what i would call an astute observation
is refreshing.
TBIRD57 is offline  

Thread Tools
Search this Thread
Quick Reply: More Tech Manufacturing Companies Exit China – Nintendo and Sharp Plan Exits…


Contact Us - About Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: