- Apple is planning to open at least one Mac production line in America, and
- Foxconn will be expanding operations in the U.S.
Why do I mention this? Because the point of a magazine like ours is to give you advance warning of, and context for, items you're going to see playing themselves out in the news; and this turns out to be a particularly tidy example.
Also, the Bloomberg story quotes Louis Woo of Foxconn, who also plays a featured role in my story. Tim Culpan of Bloomberg quotes Woo thus:
"Supply chain is one of the big challenges for U.S. expansion," Woo said. "In addition, any manufacturing we take back to the U.S. needs to leverage high-value engineering talent there in comparison to the low-cost labor of China."There is a lot about America's job-creation problems -- and potential -- in those two sentences. For a guide to what lies behind them, I gently re-direct your consideration to the December issue of our magazine.
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