Comment on Majority of Australians think China will be world’s most powerful country by 2035, poll finds
some_guy@lemmy.sdf.org 5 days agoA lot of Americans still think of China as the place to make cheap goods, but their manufacturing sector has benefited from decades of stolen expertise.
I listened to a podcast (Dithering; it’s subscription based) talking about a book about Apple’s manufacturing operations in China. The distinction was that other companies guarded because their techniques would be stolen, whereas Apple focused on “we’re gonna teach you to do this,” which then proliferated to other companies. We wouldn’t have semi-affordable (depending on your situation) iPhones otherwise. They be impossible to build at scale. Really eye opening.
The ep was the second one last week, if you wanna listen.
hark@lemmy.world 4 days ago
Yes we would, they’d just have to lower their ridiculously high profit margins: cnbc.com/…/apples-gross-margin-hits-record-as-ser…
some_guy@lemmy.sdf.org 4 days ago
Apple’s huge profit margins are only possible because of the scale of their operations in China. They’re moving to India and Vietnam. It remains to be seen how that will work out. China has been building expertise in manufacturing for decades. My statement stands.