Submitted by WendysFryCook t3_z7ef8m in wallstreetbets
Ryth88 t1_iy6g83n wrote
Reply to comment by hawehawe in Apple to restrict AirDrop in China by WendysFryCook
India would likely be happy to move their factories over. I'm surprised more of the manufacturing industry hasn't been taken to India with all of the stuff China has been doing in the past decade.
Ohmygosh0 t1_iy72lys wrote
The moment Apple moves it's industry out of China, the moment Apple gets cut from the Chinese market.
Apple gets around $80B or 20% of its revenue from China.
Ryth88 t1_iy74mn7 wrote
And that's why the entire world bends the knee to cpp unfortunately.
Ohmygosh0 t1_iy8ulfv wrote
Yeah, the Chinese market is huge and relatively wealthy; it's a massive weapon in the hand if the CCP, more so than their place as an industrial hub.
iunctus5 t1_iyagk7l wrote
And this won't happen like it does in the eu or USA where there is a process. In China they can ban something overnight.
hawehawe t1_iy6hfnz wrote
Doubt that that will be as easy as it looks.. Foxcon is a well oiled and well established mega producer for iphones with a huge cluster of supporting industry.
Possoble in India, sure. But will take years to build up.
WendysFryCook OP t1_iy6rigs wrote
Does anyone remember the suicides from Foxconn Apple plant years ago? If I remember correctly they had to install nets outside to catch jumpers.
4troglodyte t1_iy6um01 wrote
Is that a quote from Napoleon?😳🙈
astuteobservor t1_iy71yrt wrote
10 to 20 years, without the famous Indian red tape. Never with Indian red tape.
Chgralac73 t1_iy8nazz wrote
the thing is, you cant move your factories out of China, 51% is owned by China. you can leave and build new factories in India/Vietnam, but forget China letting your employees leave to train in the personnel in other countries
BullishBearishBiz t1_iy9a9cl wrote
Yeaaaah you know it’s estimated to be a 10-20 year decoupling from China for Apple right? It’s a bit more than flipping a switch, and India is in no way shape or form at all capable or ready today, not to mention India sided with Russia so the potential for more geopolitical fuckery doesn’t actually change much.
Look_Antique t1_iy7yz70 wrote
Bro we don't even have uninterrupted power supply here half the time.
hyldemarv t1_iy90a35 wrote
India cannot produce in volume to the quality required and it will take decades to get permits to do anything through the world-leading indian bureaucracy.
China represents the future in tech. Whatever the faults of the CCP, they are engineers, things gets done in China, years faster other countries will do it.
as400king t1_iy6xmg3 wrote
Infrastructure bro those fuckers barely have electricity
Ryth88 t1_iy71kji wrote
True.
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