Apple company plans to move production out of China and into Thailand
Apple company plans to move production out of China and into Thailand. The company announced the decision on Friday, saying that it will invest $2 billion in a new factory in Thailand’s Rayong Province. The plant is expected to create 2,000 jobs and produce components for Apple products including the iPhone and iPad. The move comes as global trade tensions continue to escalate. The U.S. has slapped tariffs on Chinese goods, while China has retaliated with its own tariffs on U.S. goods. The hostilities have raised prices for both American and Chinese consumers and threatened the global economy. Apple has been an outspoken critic of President Trump’s policies, but the move to Thailand may be motivated by other factors as well. Thailand has a relatively low cost of labor and is known for its skilled workforce.
What is Apple planning to do?
Apple plans to move production out of China and into Thailand in order to take advantage of lower labor costs. In a statement, the company said that it was “expanding its production capabilities in Asia to serve the growing demand from global customers.” The new plants will produce Apple’s popular iPhones and iPads.
The move is part of a larger trend by American companies of moving production overseas in order to take advantage of lower labor costs. In recent years, other big names like Walmart, McDonalds, and Dell have all moved some operations overseas in order to keep their costs down.
Critics argue that this cost saving strategy hurts American jobs, but proponents say that it allows these companies to remain competitive in an increasingly global economy. There are also concerns about how these moves will impact the environment and public health.
Apple is planning to move production out of China and into Thailand in order to reduce its manufacturing costs. The move is expected to create 400 jobs in Thailand and generate an estimated US$40 million in economic benefits.
The main benefits of this move are that it will reduce the cost of Apple’s products, increase their competitiveness, and create new jobs. In addition, by moving production out of China, Apple will be able to better control its environmental impact and protect its workers’ rights. Overall, this decision is a major step forward for the company and its shareholders.
Apple company plans to move production out of China and into Thailand
Apple announced on Sept. 12 that it will move its manufacturing operations from China to Thailand due to rising labor costs and environmental concerns. The announcement comes as a surprise, as previous reports indicated the company was committed to maintaining its Chinese operation.
The move could significantly reduce Apple’s reliance on China, which currently accounts for nearly two-thirds of global sales. It also signals a change in fortunes for the country, which has seen its economy slow in recent years amid mounting domestic and international competition.
Critics argue that Apple’s decision will exacerbate inequality in Southeast Asia, where workers are paid relatively low wages and are often exposed to hazardous conditions. Others maintain that the company is simply responding to market forces rather than making ethical choices.
Whatever the merits of either argument, the impact of this shift on the economies of both countries remains unclear.
According to Reuters, Apple plans to move production out of China and into Thailand in order to reduce costs. The company currently manufactures products in China for the Asian market, but is looking to move production to other countries in order to reduce its overall cost. This could result in a loss of jobs in China, but it is hoped that the new production facilities will create more jobs elsewhere.
This shift follows similar announcements made by other major companies such as Samsung and Dell, who are all looking to lower their production costs by moving their manufacturing operations elsewhere. It is estimated that this move will create more than 100,000 new jobs worldwide.
While this trend may be seen as negative by some, it is hoped that it will lead to increased innovation and competition on the global marketplaces. It is also worth noting that these moves do not necessarily mean that companies are abandoning China – they are simply taking advantage of cheaper labor rates overseas.
Apple is planning to move production out of China and into Thailand in an effort to improve worker conditions and reduce manufacturing costs. The move could create up to 13,000 new jobs in Thailand, according to the Associated Press.
The move follows a wave of worker protests and strikes at factories across China over poor working conditions and low wages. Apple has been vocal about its concern for the welfare of its workers, saying it wants “to create a culture of responsibility and respect” in its factories.
Critics say that moving production out of China will only further reduce wages for workers in Thailand, where the average wage is only about $4 per day. Others say that the move will help improve working conditions for Chinese factory workers, who are currently subjected to forced labor and other abuses.
Apple announced today that they will be moving production out of China and into Thailand in order to “address the discriminatory trade practices of certain Chinese government-backed businesses”. This move comes after years of Apple being critical of the Chinese government’s policies, including their practice of forcing companies to transfer ownership to state-owned enterprises. It is unknown at this point how many jobs will be affected by this decision, but it is clear that Apple is prepared to stand up for their workers and fight for what they believe in.