2017-01-03 03:26:00 Tue ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
President-Elect Donald Trump wants Apple and its tech peers to consider better and greater high-tech job creation in America.
Apple has asked its primary manufacturers, Foxconn and Pegatron, to consider moving iPhone and iPad production back to America.
Pegatron declined to pursue this idea due to cost concerns, whereas, Foxconn might continue to weigh the pros and cons down the road.
Along the upstream supply chain, Apple's main assemblers such as Foxconn and Pegatron and their affiliates might face cost pressures that would weaken their longer-term operating profitability.
A subsequent update suggests that Foxconn will open a new LCD panel display plant in Wisconsin to integrate the current production of Apple's iPhone X in the foreseeable future.
Centralizing this robotic manufacturing automation in America helps take costs out of the iPhone and iPad upstream supple chain.
Foxconn Chairman Terry Guo has noted that the technology group expects to open up to 3 new plants for better iPhone and iPad production in America.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-11-09 16:38:00 Saturday ET
Federal Reserve Chairman Jerome Powell indicates that the central bank would resume Treasury purchases to avoid turmoil in money markets. Powell indicates t
2018-01-10 08:40:00 Wednesday ET
President Trump considers imposing retaliatory economic sanctions on Chinese products and services in direct response to China's theft and infringement
2019-07-17 12:37:00 Wednesday ET
Gold prices surge above $1400 per ounce amid global trade tension and economic policy uncertainty. Both European Central Bank and Bank of Japan may consider
2019-10-01 11:33:00 Tuesday ET
The Trump administration postpones increasing 25% to 30% tariffs on $250 billion Chinese imports after China extends an olive branch to de-escalate Sino-Ame
2020-02-19 14:35:00 Wednesday ET
The U.S. bank oligarchy has become bigger, more profitable, and more resistant to public regulation after the global financial crisis. Simon Johnson and
2018-03-02 12:34:00 Friday ET
White House top economic advisor Gary Cohn resigns due to his opposition to President Trump's recent protectionist decision on steel and aluminum tariff