Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "DISASTER! Foxconn and Apple’s Exit Leads to the Collapse of China’s Third-Largest Private Enterprise" video.

  1. 💼 Workers at Quin shine Legion Electronics Company Limited in China are facing layoffs and early returns to their hometowns due to a decrease in orders from Apple. 00:12 Many workers have been laid off, prompting an early return to their hometowns over 2 months in advance. Quin shine Legion Electronics primarily manufactures Apple's original equipment for mobile phones and wireless chargers, and is experiencing a significant decrease in orders. A temporary worker at foxcon had to resign due to a decrease in orders, and employees are seen saying goodbye to their former co-workers. 💼 The impact of Foxcon's changes on the Chinese economy and employment. 03:18 Foxcon has cut wages, halted hiring, and relocated production lines, leading to economic downturn in surrounding areas. The closure of nearby restaurants and shops due to the dismissal of temporary workers at Foxcon's factory. Reduction in wages for workers in the Foxcon park in Shinen, leading to closure of physical stores. ⚠ China's economic pressure and geopolitical strategies are causing concern for foreign investors and leading to a push for supply chain diversification. 06:47 China's economic pressure and potential job loss is causing concern for foreign investors Investigation into Foxcon seen as pivotal moment in China's relation with international investors Geopolitical conflicts and pandemic prompting Western countries to reduce dependence on Chinese supply chains 📱 H shingu Electronics is a major manufacturer specializing in smartphones and related accessories, with a focus on exports. 10:02 H shingu Electronics company established in 2015 Ammer International Group, the parent company, has expanded into the smartphone and semiconductor industries China International Supply Chain Fair featured 515 Chinese and foreign Enterprises and institutions 🌐 President Xi Jinping requested the US to cancel unilateral sanctions against China during a meeting in November, with implications for the global supply chain. 13:31 China is trying to reorganize its supply chain in response to US technological and trade sanctions, as many countries have decoupled from the global supply chain that included China. There are challenges for American companies looking to reestablish in China, including whether they can return under US sanctions and what benefits can be gained given China's unchanged policies towards private enterprises. The founder of TSMC believes that globalization is dead and the world is now in an era of geopolitics, with the new US-China economic and trade framework likely to impact high tech and high precision systems.
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