“China has been made a target for most of the world's ills, including the global debt crisis and the loss of US manufacturing jobs”
Barbara, how can you said like that. It’s the capability of Chinese government for attracting foreign investment and creating job opportunities to their citizens. That does not mean that they are against the world or anybody and its only based on economic growth and well fare of their citizens. The other countries have to follow the same way or have to do something to compete with it. Blaming is like an excuse and its not the right way.
This "Made in China" phobia seems to be more of the conflict between the business community and the "technocrats". While the Global business community is attracted towards China to save on the net product costs ( including manufacturing, supply chain, logistics, taxes and so on) to increase the profit margins, the technocrats community from the same countries is "crying wolf " over loosing the original nationality and pride of their homeland products.
Among the business community and the techniocrats who is the ultimate winner? Only time will tell.
For time beimg it looks like China is the winner and is eating all that cream from the overseas businesses churning out products from its land.
When I was in US in early 80's, I observed a similar sentiment about the Japanese products ( Cars and all kind of electronic gadgets, Ics and electronic components ) invading the US markets.
" Although the vast majority of semiconductors and other components are consumed in the Far East, "
made in the blog is MISLEADING.
The reason why a large volume of chips cycle through China is NOT because the end - users are located there BUT because much of the consumer electronics used by the rest of the world are ASSEMBLED in China using components manufactured elsewhere.
So it is downright disingenuous to conflate this volume as a justification for xferring design & advanced manufacturing ( e,g. Fabs ) capabilities to China.
The main reason why MNCs are forced to set up Fabs etc. in China is the high tariff that the Govt. of China imposes on components imported into China for assembly of systems meant for re-export.
By that token the real cost of manufacturing in China is higher than what it seems to be.
MNCs have been BULLiED by China for at least the last 6 - 7 years. Tough co.s like Intel have set up shop in Vietnam, more will follow.
It can be quite complicated to trace the country of origin for products made of components imported from different places. The FTC runs through some example of products that want to claim the label of American made and how they have to not make a greater claim for American production than they are entitled to, but it doesn't go through a complete breakdown of a product that would have to credit multiple countries.
Agreed, Nemos. I also agree with Barbara in the article that consumers are becoming more aware of where products are manufactured and having that impact their buying habits.
If we stop being just consumers and try to act with knowledge and critical thinking when we buy things, that will lead us to have a better market. I believe also that customers must be provided with a lot of details about the product.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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