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.
2019-03-29 12:28:00 Friday ET
Federal Reserve Chair Jerome Powell answers CBS News 60 Minutes questions about the recent U.S. economic outlook and interest rate cycle. Powell views the c
2018-01-04 07:36:00 Thursday ET
The world now faces an economic inequality crisis with few policy options. Some recent U.S. Federal Reserve data suggest that both income and wealth inequal
2019-08-08 09:35:00 Thursday ET
Kobe Bryant and several other star athletes have been smart savvy investors. In collaboration with former Web.com CEO Jeff Stibel, the NBA champion invests
2019-07-21 09:37:00 Sunday ET
Facebook introduces a new cryptocurrency Libra as a fresh medium of exchange for e-commerce. Libra will be available to all the 2 billion active users on Fa
2018-07-25 11:41:00 Wednesday ET
President Trump hails and touts America's new high real GDP economic growth in 2018Q2. The U.S. is now a $20+ trillion economy, and America hits this mi
2018-01-29 07:38:00 Monday ET
President Donald Trump delivers his first state-of-the-union address. Several key highlights touch on economic issues from fiscal stimulus and trade protect