Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Foxconn’s $3 Hourly Wage Draws Massive Crowds! Apple Insists on Move Its Production Lines From China" video.

  1. 🏭 Foxconn factories in Zhengzhou and Shenzhen are experiencing a massive influx of young workers for the production of the iPhone 15, offering competitive wages but with dire living conditions. 00:04 Foxconn's Zhengzhou factory has started massive recruitment, with hiring expected to surge to 10,000 people by September for the iPhone 15 release. 00:04 Wage packages offered by Foxconn attract many applicants despite low hourly wages in China. 01:01 Shenzhen Longhua Foxconn has also begun large-scale hiring for the iPhone 15 launch. 01:34 Living conditions in the factories are dire, with cramped dorm rooms and concerns about fire safety. 02:06 The decline in Apple orders led to layoffs at Zhengzhou Foxconn, resulting in a deserted staff residential area and a decline in local commerce. 03:10 📱 Foxconn accelerates factory construction in India to meet Apple's demands and diversify manufacturing locations. 04:33 Foxconn's production capacity has shifted to countries like India and Vietnam, reducing the demand for labor. 04:33 Large-scale employee protests during the pandemic lockdown affected iPhone shipments in Q4 2020. 04:48 Apple's strategic focus on diversifying manufacturers' locations has led to India becoming its main destination. 05:21 Foxconn plans to expand its Apple factory in Tamil Nadu and build a new production facility in Karnataka. 05:51 India is expected to produce and assemble 25% of Apple products by 2025, decreasing the proportion made in China. 08:22 🍎 Apple opens direct retail stores in India, signaling a significant move to expand in the Indian market. 08:35 Apple's CEO, Tim Cook, believes in the opportunities in India and the country's unmatched vibrancy and young demographic. 08:35 Apple opened two retail stores in New Delhi and Mumbai within three days, which is extremely rare in Apple's history. 08:52 Apple plans to open more brick-and-mortar stores in India and authorized retail stores in cooperation with local partners. 09:28 India's semiconductor ecosystem faces challenges due to weak infrastructure, bureaucratic dysfunction, and lack of resources. 09:41 Apple is diversifying its industry chain by laying out in regions like Vietnam, Southeast Asia, and South America, leading to reduced recruitment in China. 11:12 Massive Crowds Flock to Foxconn's Factories in China as Apple Urges Production Line Transfer 📉 The Chinese economy is in deep trouble with a severe foreign trade situation and declining manufacturing jobs. 12:25 Many major factories in manufacturing hubs like Shenzhen and Dongguan have gone bankrupt, leaving many jobless people homeless. 12:25 Summer job wages have fallen to as low as 6 yuan per hour. 12:41 China's foreign trade imports and exports fell 4.7% year-on-year in the first half of the year. 13:51 Exports to major economies, including the United States, Japan, and the European Union, have declined significantly. 14:48 The Chinese economy is facing deep trouble and is unable to extricate itself. 16:00 🔴 The Chinese Communist Party's hegemonic expansion and unstable policies are causing tensions with the West and leading to a decoupling of major economies from China. 16:26 The CCP's wolf-warrior diplomacy and military provocations in the South China Sea are destabilizing the Asia-Pacific region. 16:26 China's dictatorship and arbitrary decision-making, such as the 'Zero-covid' policy, have caused economic chaos and supply chain disruptions. 17:28 The decoupling of major economies from China is essential to protect supply chains and mitigate risks. 18:27 China's legal system is unfriendly to foreign investors and the newly revised 'Anti-Espionage Law' restricts commercial activities for foreigners. 18:42 The CCP's irresponsible and unaccountable governance will lead to unstable policies and a downfall. 19:12
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