GM tells Trump that they and the UAW will decide their business

Discussion in 'Latest US & World News' started by Jimbo11, Mar 18, 2019.

  1. Len_A

    Len_A Active Member

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    You are correct. My point, however, is that it's very difficult to make money building electronics here in the U.S. And if you read that article, at one point they were making 100,000 phones a week.
     
    Last edited: Mar 23, 2019
  2. Observing

    Observing Well-Known Member

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    Well if they are making the phone here cheaper than China I don't understand the difficulty. If we Made CRT TVs at 1/2 the cost they could be made in china, they still would not sell. To rebuild our electronics industry will take a investment, Like China and Korea made in thiers in the 2000-2010 Japan in the 70s. Stand alone plants built on making one small product will have difficulty sustaining. This is Why Lenevo will continue to make the moto x in China, the infrastructure is there already to ramp up. A tariff will allow the US electronic breathing time to grow.

    This is why China and Korea did not allow/made difficult/taxed heavily US/Europe to sell in china during that industrial incubation period.

    How do you propose a resolution to a 350 bill trade loss and the loss of that much wealth to another country. Are you one of those New world order/one earth types?
     
  3. Mac-7

    Mac-7 Banned

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    Who are you trying to convince?

    Me or yourself?

    I know giant corporations are thought of as all-knowing and razor sharp that is not always the case
     
    Last edited: Mar 23, 2019
  4. ronv

    ronv Well-Known Member

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    Then I guess your just out of luck.

    Quartz reported Tuesday that market research firm IHS Markit performed a teardown of the device and rolled up component costs to come up with a Bill of Materials for the phone. The firm calculated that the iPhone 7 cost $219.80 in BOM costs and tacked an additional $5 as labor costs to come up with a total manufacturing cost of $224.80 for the phone. The phone retails for $649 in its starter version. For context, the same firm had calculated a total manufacturing cost of between $200 and $247 for iPhone 6 last year.
    https://www.investopedia.com/news/what-it-costs-apple-make-iphone-7-219-parts-5-labor-aapl-snssf/
    ---------------------------
    LOL. I gave away my wife's sewing machine before our last move. It had slept peacefully in the same closet for 15 years.
    But seriously, I don't know anyone under 40 that knows how to sew. The schools don't teach home economics anymore.
    Why do you think that is? Another of those jobs that aren't coming back, I'd say.
     
  5. ronv

    ronv Well-Known Member

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    Are you one of those people that think our trade deficit money is actually lost?
    And yes. It is a global economy. That ship sailed long ago.
     
    Last edited: Mar 23, 2019
  6. Len_A

    Len_A Active Member

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    I don't have to convince myself of anything. I've been doing this for 35 years, and your opinion is irrelevant.
     
  7. Mac-7

    Mac-7 Banned

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    Then I guess we are at an impasse
     
  8. APACHERAT

    APACHERAT Well-Known Member Past Donor

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    I wonder if the UAW will take down GM like how the USW took down America's steel industry ?
     
  9. Observing

    Observing Well-Known Member

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    Quartz reported Tuesday that market research firm IHS Markit performed a teardown of the device and rolled up component costs to come up with a Bill of Materials for the phone. The firm calculated that the iPhone 7 cost $219.80 in BOM costs and tacked an additional $5 as labor costs to come up with a total manufacturing cost of $224.80 for the phone. The phone retails for $649 in its starter version. For context, the same firm had calculated a total manufacturing cost of between $200 and $247 for iPhone 6 last year.
    https://www.investopedia.com/news/what-it-costs-apple-make-iphone-7-219-parts-5-labor-aapl-snssf/
    ---------------------------
    LOL. I gave away my wife's sewing machine before our last move. It had slept peacefully in the same closet for 15 years.
    But seriously, I don't know anyone under 40 that knows how to sew. The schools don't teach home economics anymore.
    Why do you think that is? Another of those jobs that aren't coming back, I'd say.[/QUOTE]

    Gee, so thee was no labor to produce any of those components in the BOM?
     
  10. Observing

    Observing Well-Known Member

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    No, I believe that money spent on goods manufactured in this country has more of a positive effect on the nation than those manufactured elsewhere. and it has been a global market for 100 years, great benefits to it also, but there should just be benefits and not the drain that having a 350% trade deficit is. And what makes you think one industry vs another has a better chance of returning. I need some advice for my 401.
     
  11. ronv

    ronv Well-Known Member

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    Gee, so thee was no labor to produce any of those components in the BOM?[/QUOTE]
    I think it's because China doesn't make those parts.
    But that was an excellent try! :)

    But here is a list of where its components are made:

    • Accelerometer: Bosch in Germany. Invensense in the United States.
    • Audio Chipsets and Codec: Cirrus Logic in the United States (outsourced for manufacturing).
    • Baseband processor: Qualcomm in the United States (outsourced for manufacturing).
    • Batteries: Samsung in South Korea. Huizhou Desay Battery in China.
    • Cameras: Sony in Japan. OmniVision in the United States produces the front-facing FaceTime camera chip but subcontracts TMSC (in Taiwan) for manufacturing.
    • Chipsets and Processors: Samsung in South Korea and TSMC in Taiwan. Alongside their partner GlobalFoundries in the United States.
    • Controller Chips: PMC Sierra and Broadcom Corp in the United States (outsourced for manufacturing).
    • Display: Japan Display and Sharp in Japan. LG Display in South Korea.
    • DRAM: TSMC in Taiwan. SK Hynix in South Korea.
    • eCompass: Alps Electric in Japan.
    • Fingerprint sensor authentication: Authentec makes it in China but outsources it to Taiwan for manufacturing.
    • Flash memory: Toshiba in Japan and Samsung in South Korea.
    • Gyroscope: STMicroelectronics in France and Italy.
    • Inductor coils (audio): TDK in Japan.
    • Main Chassis Assembly: Foxconn and Pegatron in China.
    • Mixed-signal chips (such as NFC): NXP in Netherlands.
    • Plastic Constructions (for the iPhone 5c): Hi-P and Green Point in Singapore.
    • Radio Frequency Modules: Win Semiconductors (module manufacturers Avago and RF Micro Devices) in Taiwan. Avago technologies and TriQuint Semiconductor in the United States. Qualcomm in the United States for LTE connectivity.
    • Screen and Glass (for the display): Corning (Gorilla Glass) in the United States. GT Advanced Technologies produces the sapphire crystals in the screens.
    • Semiconductors: Texas Instruments, Fairchild and Maxim Integrated in the United States.
    • Touch ID sensor: TSMC and Xintec in Taiwan.
    • Touchscreen Controller: Broadcom in the United States (outsourced for manufacturing).
    • Transmitter and Amplification Modules: Skyworks and Qorvo in the United States (outsourced for manufacturing).
     
  12. Observing

    Observing Well-Known Member

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    And that proves my point most all the other components were outsourced in china by American transplants.
     
  13. ronv

    ronv Well-Known Member

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    ????????????
     
    Len_A likes this.
  14. Len_A

    Len_A Active Member

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    American Steel industry was taken down by lack of investment, especially where competing against mini-mills and continuous casting plants were concerned.
     
  15. Observing

    Observing Well-Known Member

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    What is the question. The labor for the transplants are still Chinese. just because there is an American, Dutch/Swiss name on the building, the workers are Chinese.
     
  16. Observing

    Observing Well-Known Member

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    Because the investors don't care who makes the steel/or whatever they just want the best price. China makes it or Americans they don't care, abandon the buildings to shell companies that go bankrupt so they don't have to pay property taxes and leave it up the the local communities. They are now starting to do it with shopping malls. they close the malls and sell the real estate to a shell company that declares Bankruptcy so they don't pay 500,000 a year in property taxes.
     
  17. ronv

    ronv Well-Known Member

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    I'm sorry. That is simply not true.
    They may be outsourced to Asian manufactures, but not China.
     
  18. Observing

    Observing Well-Known Member

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    I was in the electronics hardware as a tech sales/eng position form 2000-2012. I know what kind of products that go into electronic devices and how they are sourced. A third of those players listed with either customers or vendors that I dealt with weekly. We had manufacturing plants in both Xiamen and Shenzhen. It is a very incestious industry.
     
  19. Len_A

    Len_A Active Member

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    Chinese steel was never an issue or a factor. They've never had a big share of the US market. The fact is American mini-mills, using electric furnaces, continuous casters and using recycled steel as it's raw material, under cut the selling prices of the big steel companies, not the Chinese.
     
  20. ronv

    ronv Well-Known Member

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    Yeah, Me too. Disk drives 30 million a year, but I'll just give you a few high dollar iPhone items to refute your claims.

    Where are Qualcomm chips manufactured?
    It is not the first time TSMC will be making chips for Qualcomm. The Snapdragon 808 and the 810 were both made by the Taiwanese chip maker. Taiwan Semiconductor Manufacturing Co. is known for making the A11 Bionic chip used on the Apple iPhone X.Dec 25, 2017
    --------------------------------
    Broadcom, however, is Singaporean, not Chinese. In fact, “Broadcom” was once an American company—a California-based semiconductor maker, which Sinapore’s Avago Technology announced it would acquire for $37 billion in 2015. Following that deal, Avago Technologies took Broadcom’s name as its own and established corporate co-headquarters in San Jose and Singapore.
    ----------------------
    Skyworks is collaborating with several foundries in Taiwan to complement its Newbury Park, California facility that develops GaAs HBT power amplifiers, and its Woburn, Massachusetts fab that produces PHEMT switches.
     
  21. Observing

    Observing Well-Known Member

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    Look, you are the one that there was only $5 of chinese labor was in every Iphone.
     
  22. ronv

    ronv Well-Known Member

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    There is only ($9 - my number).
    It's not Chinese labor if the part is made in Korea.
     

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