US Edition14 Years Ago, Steve Jobs Explained Why iPhones Can’t Be Made in America. It’s Worth Revisiting Today
- Apple CEO Tim Cook indicated to Commerce Secretary Howard Lutnick that iPhone manufacturing could shift to the U.S. Once robotic technology reaches the required level of scale and accuracy.
- This discussion reflects challenges Apple's factory operations face, including reliance on human-centric assembly in China and risks from social unrest or strikes there.
- Lutnick emphasized that American workers would serve as technicians in automated factories, while routine assembly tasks would be handled by robots, highlighting automation's key role.
- Lutnick cited Tim Cook’s statement that Apple will relocate iPhone production to the U.S. Once the company develops robotic technology capable of achieving the necessary level of accuracy and volume.
- Bringing iPhone manufacturing to the U.S. At scale would require years of investment, workforce training, and automation development, making near-term reshoring uncertain despite official optimism.
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Short Seller Jim Chanos Slams Trump's Reindustrialization Hopes: Says $3-Per-Hour Apple Supplier Foxconn Workers Were 'Too Expensive' — Questions If 'Those Jobs Are Coming Back' - Hon Hai Precision (OTC:HNHPF)
Prominent short seller Jim Chanos has challenged the U.S. government's manufacturing aspirations, highlighting the economic realities keeping iPhone production overseas.
·New York, United States
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Coverage Details
Total News Sources22
Leaning Left2Leaning Right0Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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