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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (131738)	3/8/2017 1:54:00 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217638

Samsung used a lot of different battery part suppliers in China and the end-result cost them $3 billion. I'm sure their savings on that battery case were far less than $1 million. It's a caution to manufacturers to better control their supply like no matter where it's located. The technology behind batteries and other high tech devices is demanding far beyond the level manufacturers used to consider necessary. That's why the actual LED chips and IC control units are made in Taiwan in the US where they have the quality control needed. Remember even a major global assembler like Foxconn is a Taiwanese firm. The reason they're in China is the local governments provided them with everything for free - the manufacturing plant, the worker housing and hiring and utilities. Foxconn merely had to move in their equipment and start paying salaries as they went to work. China's leadership keeps seek reassurances from Foxconn that they'll stay in China - but that depends on the price and value offered by alternatives. Foxconn can fly everything out just as easily as they flew it in. Managing companies has a lot of people spending most of their life traveling. I did that back in 1982, and it's only become more essential. That's a very typical life for Australian corporate people with a supply chain and customers all over Asia., which is what made a super-reliable safe airline like Qantas and essential. Even working for a home builder which operated only in California and Nevada I was in a corporate jet twice a week, fixing problems with the cities, watch homes get built . . . People talk about telecommuting but it just wouldn't work for management. Too much of knowing what's going on and knowing about potential problems comes from "walking around" and spending time with people in their space. Needless to say a new visit to the Smoot Hawley Act would be a catastrophe, as it was in 1930. en.wikipedia.org