Apple supplier Foxconn mulling $7-billion investment in US to create 50,000 jobs

Apple supplier Foxconn mulling $7-billion investment in US to create 50,000 jobs

More jobs for Americans in the era of Trump but the company bringing the jobs, Foxconn Technology Group, based in Taiwan is looking into investing in electronic manufacturing jobs in the United States, the state of Pennsylvania to be exact.  The investment would create at least 50,000 jobs.  Although based in Taiwan, most its jobs are based in China, activities of which must be looked into and its act cleaned up.

American Thinker by Thomas Lifson

The world’s largest contract manufacturer of electronics, the principal supplier of iPhones and iPads, has let it be known that Pennsylvania may be the home of a massive investment in U.S. manufacturing. Bloomberg reports:

Foxconn Technology Group is considering building a U.S. display-making facility for upwards of $7 billion, a major investment for Apple Inc.’s main manufacturer that may create tens of thousands of American jobs during President Donald Trump’s first year in office.

The company is considering a joint investment with Sharp Corp.[1], the Japanese display supplier it bought last year, but details have yet to be hammered out, Reuters cited Chairman Terry Gou as telling reporters in Taipei on the sidelines of a company event. Foxconn confirmed the report Monday.

Foxconn is a massive company that walks a political tightrope[…]

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Foxconn Technology Group manufactures electronics, electronic components, PCBs, PCB components, computer chips.

The company manufactures products for Sharp, Apple, Nintendo products and Xbox One, Sony’s PlayStation 3, the Nintendo Wii and Amazon’s Kindle Fire.

Question:  Will those 50,000 jobs Foxconn Technology plans to bring to Pennsylvania be in human form or robotic?

Foxconn has just recently automated away 60,000 jobs in China.  The company produces “10,000 Foxbots a year” and is now in the process of automating jobs in China.

As with all robots being brought into the marketplace, the endgame is to replace a human workforce.

The Verge

The first phase of Foxconn’s automation plans involve replacing the work that is either dangerous or involves repetitious labor humans are unwilling to do. The second phase involves improving efficiency by streamlining production lines to reduce the number of excess robots in use. The third and final phase involves automating entire factories, “with only a minimal number of workers assigned for production, logistics, testing, and inspection processes,” according to Jia-peng[…]

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Companies like Foxconn Technology must not be granted tax breaks or allowed to invest in manufacturing if their endgame is a robotic workforce.

That’s my take.  How about you?

 

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