Apple supplier Foxconn plans $10 billion plant in Wisconsin
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Just sayin'
iPhone Manufacturer Foxconn Aims for Full Automation of Chinese Factories
http://fortune.com/2016/12/31/foxconn-iphone-automation-goal/
In a new report from Digitimes, Foxconn executive Dai Jia-peng has laid out the company’s three-step plan for automating its Chinese factories. The company’s ultimate goal is to fully automate production of things like PCs, LCD monitors, and its most famous product—the iPhone.
Foxconn makes its own manufacturing robots, known as Foxbots, and has already deployed about 40,000 of them. Some, which the company considers "stage one," assist workers at their stations. Foxconn already has individual fully automated production lines—they're "stage two"—in factories in Chengdu, Chongquing, and Zhengzhou.
Stage three of the process would be fully automated factories, with only a handful of workers.
Automation should speed Foxconn’s growth by lowering labor costs in the long term. That could free up capital for more deals like its recent acquisition of Sharp, which symbolized the dramatic shift of global industrial power away from onetime Japanese titans.
But the implications for the Chinese economy as a whole are less certain. Foxconn’s rise was largely fueled by the availability of low-wage Chinese labor which, along with transportation innovation, fed an outsourcing boom starting in the late 1990s. That in turn drew waves of rural Chinese into cities and industrial parks, a trend that the Chinese government is still encouraging.
The automation of jobs like those at Foxconn could leave those transplanted workers in dire straits, and become a serious headwind for China’s emerging consumer class and domestic markets. In March, the company eliminated 60,000 jobs at a single factory thanks to automation. An official speaking to the BBC said that other companies were “likely to follow suit."
While automation has contributed to inequality and political unrest in the United States, the same forces could have outsized effects in China, where acceptance of one-party rule now largely hinges on continued economic progress. The Atlantic’s James Fallows, writing last month, described “the short-term stability and long-term improvement of jobs, wages, and living standards” as “fundamental to the government’s survival.”
iPhone Manufacturer Foxconn Aims for Full Automation of Chinese Factories
http://fortune.com/2016/12/31/foxconn-iphone-automation-goal/
In a new report from Digitimes, Foxconn executive Dai Jia-peng has laid out the company’s three-step plan for automating its Chinese factories. The company’s ultimate goal is to fully automate production of things like PCs, LCD monitors, and its most famous product—the iPhone.
Foxconn makes its own manufacturing robots, known as Foxbots, and has already deployed about 40,000 of them. Some, which the company considers "stage one," assist workers at their stations. Foxconn already has individual fully automated production lines—they're "stage two"—in factories in Chengdu, Chongquing, and Zhengzhou.
Stage three of the process would be fully automated factories, with only a handful of workers.
Automation should speed Foxconn’s growth by lowering labor costs in the long term. That could free up capital for more deals like its recent acquisition of Sharp, which symbolized the dramatic shift of global industrial power away from onetime Japanese titans.
But the implications for the Chinese economy as a whole are less certain. Foxconn’s rise was largely fueled by the availability of low-wage Chinese labor which, along with transportation innovation, fed an outsourcing boom starting in the late 1990s. That in turn drew waves of rural Chinese into cities and industrial parks, a trend that the Chinese government is still encouraging.
The automation of jobs like those at Foxconn could leave those transplanted workers in dire straits, and become a serious headwind for China’s emerging consumer class and domestic markets. In March, the company eliminated 60,000 jobs at a single factory thanks to automation. An official speaking to the BBC said that other companies were “likely to follow suit."
While automation has contributed to inequality and political unrest in the United States, the same forces could have outsized effects in China, where acceptance of one-party rule now largely hinges on continued economic progress. The Atlantic’s James Fallows, writing last month, described “the short-term stability and long-term improvement of jobs, wages, and living standards” as “fundamental to the government’s survival.”
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Good news. Sounds like a great place to work if they build it.
Apple supplier Foxconn says it will build big Wisconsin factory
http://money.cnn.com/2017/07/26/technology/business/foxconn-wisconsin/index.html
However, Gou has been talking about shifting some manufacturing to the United States for several years, with little to show for it so far. In 2013, for example, Foxconn announced plans to build a $30 million plant in Pennsylvania. It has yet to be built.
Foxconn had considered building the plant in Ohio, Michigan and Pennsylvania, among other states.
Foxconn currently has facilities in Virginia and Indiana, each of which employ fewer than 1,000 workers, according to its website.
But Foxconn -- and Apple -- may struggle to transport their manufacturing success abroad to the U.S.
Foxconn grew into a powerhouse for electronics manufacturing for Apple, Microsoft, HP and others thanks to its ability to staff its factories with cheap labor in China.
At its peak, Foxconn employed more than one million people. Employees live on factory campuses and have been known to work far more hours for far less pay than would be acceptable under U.S. labor laws.
At times, Foxconn's workplace demands have resulted in worker riots and suicides. In fact, Foxconn installed nets outside buildings to catch workers trying to jump to their deaths.
It's also unclear if Wisconsin, or any state for the matter, can supply Foxconn with the thousands of skilled laborers it would need to manufacture electronics at scale.
Apple supplier Foxconn says it will build big Wisconsin factory
http://money.cnn.com/2017/07/26/technology/business/foxconn-wisconsin/index.html
However, Gou has been talking about shifting some manufacturing to the United States for several years, with little to show for it so far. In 2013, for example, Foxconn announced plans to build a $30 million plant in Pennsylvania. It has yet to be built.
Foxconn had considered building the plant in Ohio, Michigan and Pennsylvania, among other states.
Foxconn currently has facilities in Virginia and Indiana, each of which employ fewer than 1,000 workers, according to its website.
But Foxconn -- and Apple -- may struggle to transport their manufacturing success abroad to the U.S.
Foxconn grew into a powerhouse for electronics manufacturing for Apple, Microsoft, HP and others thanks to its ability to staff its factories with cheap labor in China.
At its peak, Foxconn employed more than one million people. Employees live on factory campuses and have been known to work far more hours for far less pay than would be acceptable under U.S. labor laws.
At times, Foxconn's workplace demands have resulted in worker riots and suicides. In fact, Foxconn installed nets outside buildings to catch workers trying to jump to their deaths.
It's also unclear if Wisconsin, or any state for the matter, can supply Foxconn with the thousands of skilled laborers it would need to manufacture electronics at scale.
Nope, they're the jobs in one of the states that got him elected. And I don't know who you talk to in coal country, but it's nothing but optimism at this point. WV is red on a national scale as long as the Dems keep with their current trend. I mean, why would they change course? It's only 5 electoral votes.
Gov. Walker estimates another 20K additional ancillary jobs will be created to service the Foxxconn employees.
Paul Ryan should be let out with the swamp water inside the Beltway, imo.
