Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Apple u0026 Foxconn Rapidly Decouple From China, Workers Desperately Beg: ‘Don’t Go, We Need Jobs!'" video.

  1. Apple and Foxconn's Rapid Departure from China Sparks Massive Layoffs, iPhone 15 to Rely on Only 2% Chinese Parts 📉 The relocation of Foxconn could lead to a substantial rise in unemployment and further decline in the economy. 00:32 Foxconn is Apple's preferred contractor manufacturing a range of products including iPhones, computers, and iPads. 00:32 Foxconn has been setting up plants abroad to reduce dependency on China. 00:40 There have been continuous reports of a rapid decrease in the workforce in Foxconn's manufacturing bases, leading to a downturn in surrounding commercial areas. 00:55 Components supplied from China for the iPhone 15 Pro Max constitute only 2%. 01:17 Components from the US, South Korea, and Japan account for over 70% of the flagship iPhone 15 Pro Max. 01:31 Chinese component supply for iPhones has shrunk to just 2%. 02:05 Component cost for the iPhone 15 Pro Max has risen by 12% to $558. 02:30 📱 Apple is diversifying its supply chain away from China and increasing production in India. 05:41 Apple aims to reduce costs by diversifying its supplier base. 05:41 Taiwanese companies still hold a competitive advantage in key components. 06:18 Apple's assembly proportion in China is declining. 06:32 India's assembly proportion of iPhones is increasing. 06:49 Apple plans to shift 25% of its production to India by 2025. 07:09 Chinese enterprises that were once Apple suppliers are being phased out. 07:40 Boa Technology Group, a former Apple supplier, was reportedly ousted due to product quality issues. 08:04 💼 Apple's decision to remove OFilm from its supply chain led to factory closures and financial losses, while Winaitechnology reported increased revenues and profits as it took over OFilm's production line. 09:39 OFilm's revenue plummeted by 52.8% and suffered a loss of 2.6 billion unen after Apple removed them from its supply chain. 09:39 Winaitechnology reported revenues of 52.7 billion and profits of 2.6 billion unen as it took over OFilm's Apple production line. 09:48 Foxconn, Apple's largest assembly contractor, has heavily contributed to China's economic development and employment. 09:59 Foxconn's subsidiaries in China were subjected to sudden tax and plan audits, potentially influenced by Foxconn's founder Terry Gou's candidacy for Taiwan's presidential election. 10:56 The Chinese Communist Party's actions may also be driven by a financial strain and a desire to maintain control over China's economic destiny. 12:11 Foxconn's plan to shift production and supply chain to India and Southeast Asia could be seen as a warning to other domestic and foreign firms. 12:25 Chinese President Xi Jinping has emphasized an internal circulation strategy, indicating a preference for reducing economic ties with foreign companies. 12:34 📉 China aims to reduce economic dependence on the US and counter the influence of overseas powers, potentially leading to Foxconn's departure from China. 13:11 China wants to replace Foxconn dominance with Mainland Chinese enterprises, giving them more control over Apple's manufacturing contracts. 13:11 Chinese companies like Luxshare and BYD are poised to offer more competitive pricing than Taiwanese counterparts and are interested in taking over Apple's manufacturing contracts. 13:46 Beijing's actions targeting Foxconn may accelerate their departure from China, potentially warning other foreign enterprises, especially Taiwanese businesses. 14:02 China's economic policies reveal contradictions, inviting foreign investments while introducing counterespionage laws and tax investigations. 14:45 Taiwanese manufacturers including Foxconn, Quanta, Compal, Pegatron, and Invent have been retreating from China due to client demands and US brands urging for supply chain diversification. 15:21 US brands are urging Taiwanese manufacturers to shift production out of China and diversify to Southeast Asia, which would have a profound impact on the Chinese economy. 16:01 Beijing faces a challenge as it emphasizes economic security while dealing with the potential departure of Foxconn and the shift of production out of China. 16:53 📦 The investigation into Foxconn has raised concerns about the unemployment of over 1 million Chinese workers. 17:08 The investigation into Foxconn has sparked anxiety among its employees. 17:08 There are currently 1.2 to 2 million Foxconn employees in China, along with associated businesses. 17:33 Major tech firms, including Apple, have been gradually shifting their supply chain out of China. 18:03 The tensions between the US and China have led to efforts to mitigate risks and diversify supply chains. 18:41 Decoupling from China's supply chain is an ongoing process, but the proportion of facilities in China is decreasing. 19:19
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