SoylentNews is people
SoylentNews
Apple manufacturer Foxconn reckons it will create one million jobs in India by 2020 – nearly the entire number of its current Chinese workforce – according to reports.
Hon Hai otherwise known in the West as Foxconn, last month revealed it was setting its sights on India due to increasing wage costs in China.
The firm has not released any more details or elaborated on what the plans will mean for its Chinese manufacturing base. However, it does appear to be slowly fleshing out a relocation move.
Original Submission
This discussion has been archived.
No new comments can be posted.
Foxconn to Hire 1 Million People in India by 2020
|
Log In/Create an Account
| Top
| 31 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Endless Loop, n.:
see Loop, Endless.
Loop, Endless, n.:
see Endless Loop.
-- Random Shack Data Processing Dictionary
(Score: 2) by Phoenix666 on Tuesday July 14 2015, @03:54PM
I guess we'll find out what happens when you deprive a totally disenfranchised population of even the hope of economic advancement. Oh wait, we were talking about China?
Washington DC delenda est.
(Score: 2) by AndyTheAbsurd on Tuesday July 14 2015, @04:42PM
The Chinese leaders saw what happened to the USSR, and figured out a large part of the reason for it, in time to save themselves from the next revolution.
I'm not so sure that North Korea's will be as observant.
Please note my username before responding. You may have been trolled.
(Score: 2) by Phoenix666 on Tuesday July 14 2015, @04:51PM
You know, I don't think so. In much of the rest of the world, the government has civil society to buffer it from the immediate consequences of its poor decisions. China doesn't have that because its government eliminated civil society as a threat to its power. As such, the power of the CCP is absolute, but absolutely brittle. The CCP faces essentially the same challenge that the Deep State faces in the West: how to funnel ever more wealth and power to the coffers of the few without suffering the ire of the masses. On the other hand, Chinese labor suffers under no illusion of universal suffrage the way Western populations have. Will their backlash be greater than ours, accordingly? Hard to say, but they will no more escape the coming revolution than we will.
Washington DC delenda est.
(Score: 2) by AndyTheAbsurd on Tuesday July 14 2015, @04:58PM
They only saved themselves from one revolution. There's always another revolution after that! (And they have made that one worse with their current actions. Whether or not they can save themselves from it when it comes remains to be seen.)
Please note my username before responding. You may have been trolled.