this post was submitted on 06 Sep 2023
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They’ve already been in India for a while, they’ll just expand there while looking for another one as a backup.
Yep. They’ve been using their cash and Cook’s supply chain skills to crush competition and secure sweatshops wherever cheap labor can be found. It’s been going on for years. I think they have seen the tensions building in China and Taiwan and have been making mostly subtle changes for years. Covid was an excuse to ramp that up.
They could always use Taiwan. All the benefits of a chinese sweatshop except it's not China.
You should check salaries in Taiwan.
between 23-32k TWD yearly for factory workers (from the couple of sites I saw) which is less than 1k USD
I have no clue what the purchasing power of that is though.
I'm not sure where you got these numbers from but I think you're off by over a magnitude. Taiwan's GDP per capita is over US$30K nominal, and over US$70K PPP. In GDP per capita PPP they're sitting around 13th in the world as of 2023. The minimum wage is over US$800 per month. Trading Economics shows manufacturing average salary of over US$1600 per month. You might have looked at monthly numbers thinking they're yearly. Although even that's low given that the lower bound is lower than minimum wage.
well shit glassdoor does default to monthly instead of yearly. this is their fault and i will get revenge.