Thursday, January 2, 2014

Hon Hai pivots to America after China problems





Hon Hai Precision, the world's largest contract electronics manufacturer, will expand advanced manufacturing in the United States despite high costs after more than three years of labour problems on the mainland followed by pressure from clients and incentives from local governments in the US.









via Business feed http://www.scmp.com/business/companies/article/1395259/hon-hai-pivots-america-after-china-problems

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1 Comments:

At January 2, 2014 at 10:39 PM , Blogger ReshoreNow said...

Reshoring has grown rapidly since 2010 and offshoring is slowing to the extent that the two processes are about in balance for the first time in decades. Repeated surveys by Boston Consulting Group, MIT Supply Chain Forum, MFG.com, Deloitte and others consistently show a sizable and growing percentage of companies deciding to reshore at least some of their production and sourcing.
More than 200 larger companies have publicly announced reshoring actions.
The not-for-profit Reshoring Initiative’s free Total Cost of Ownership software helps corporations calculate the real P&L impact of reshoring or offshoring. In many cases companies will find that, although the production cost is lower offshore, the total cost is higher. TCO Estimator http://www.reshorenow.org/TCO_Estimator.cfm

 

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