Discover and read the best of Twitter Threads about #Foxconn
Most recents (24)
NEXT WEEK
The Bear's take:
•Monthly close on lighter volume
•Negative divergences from classic indicators
•Tough talk from FEDs
•Inflation is sticky, rates ↑
• #Recession is here
• #GDP ↓
•Leading indicators ↓
• #AAPL earnings ↓
•Big #Gamma at 4000
$SPX #SPX
The Bear's take:
•Monthly close on lighter volume
•Negative divergences from classic indicators
•Tough talk from FEDs
•Inflation is sticky, rates ↑
• #Recession is here
• #GDP ↓
•Leading indicators ↓
• #AAPL earnings ↓
•Big #Gamma at 4000
$SPX #SPX
Today's Twitter threads (a Twitter thread).
Inside: Gig apps trap reverse centaurs in wage-stealing Skinner boxes; and more!
Archived at: pluralistic.net/2023/04/12/alg…
#Pluralistic
Inside: Gig apps trap reverse centaurs in wage-stealing Skinner boxes; and more!
Archived at: pluralistic.net/2023/04/12/alg…
#Pluralistic
There's 5 days left in the @Kickstarter for the audiobook of my upcoming anti-finance finance thriller about #SiliconValley scams, *Red Team Blues*. #Audible refuses to carry my audiobooks because they're #DRM free. Crowdfunding makes them possible!
redteamblues.com
2/
redteamblues.com
2/
Gig apps trap reverse centaurs in wage-stealing Skinner boxes: Twiddled to death through algorithmic wage discrimination.
3/
3/
#SJS
Interesting development: Partnered with #Foxconn in 2W EV
- Foxconn is a large key component supplier to many OEMs globally
- Focus is mass production
- Achieve economies of scale = cheaper production cost per unit
- Fully integrated solutions
So why is this imp ?🧵
1/10
Interesting development: Partnered with #Foxconn in 2W EV
- Foxconn is a large key component supplier to many OEMs globally
- Focus is mass production
- Achieve economies of scale = cheaper production cost per unit
- Fully integrated solutions
So why is this imp ?🧵
1/10
2/
2021 news - Foxconn aims to build EV factories in Europe and India by 2024. Not sure if there has been any developments on ground but it gives an indication towards their ambition
asia.nikkei.com/Business/Techn…
2021 news - Foxconn aims to build EV factories in Europe and India by 2024. Not sure if there has been any developments on ground but it gives an indication towards their ambition
asia.nikkei.com/Business/Techn…
3/
Longtime iPhone assembler Foxconn has been stepping up efforts to expand its presence in the booming EV industry since its new chairman assumed position in mid 2019.
Their chairman was in India last year discussing opportunity in India.
Longtime iPhone assembler Foxconn has been stepping up efforts to expand its presence in the booming EV industry since its new chairman assumed position in mid 2019.
Their chairman was in India last year discussing opportunity in India.
Mit der Öffnung von #China ist die #Corona-Pandemie zu Ende gegangen, und die Welt in einer neuen Ära angekommen. Im Westen wird eine #Zeitenwende propagiert. An den drei großen Projekten aber beteiligt sich China nicht. Ein 🧵👇
Apple, con boom infezioni #COVID19 l'iPhone City in Cina diventa una trappola. Titolo sotto attacco a Wall Street, la Big Tech paga il manicomio made in China: a #Zhengzhou si lavora anche con il virus, #iPhone14 conta più della vita bit.ly/3FYLD9f #foxconn #29dicembre
1/Dalla politica di tolleranza zero nei confronti del #Covid_19 al "liberi tutti" senza una strategia precisa. #Cina fuori di testa. Dall'iPhone City: 'mascherine al lavoro, ma come facciamo se dormiamo poi in OTTO tutti insieme?" @restofworld restofworld.org/2022/covid-fox…
Hey everyone, let's talk about the business model of #Apple! As one of the world's most successful companies, Apple has a unique approach to generating revenue and profits. #AAPL $AAPL
1/10
1/10
One key element of Apple's business model is its focus on #premium products. Apple is known for producing high-quality, innovative products that command a higher price point than many of its competitors.
#iPhone #iPad
2/10
#iPhone #iPad
2/10
Apple also has a strong emphasis on branding and marketing. The company has built a loyal #customer base and a strong reputation for quality and design, which helps drive demand for its products.
3/10
3/10
The @NYTimes - which called as far back as March 2020 for a "herd immunity" response to #COVID19 and has promoted the fabricated Wuhan Lab conspiracy theory - is enthusiastically reporting demonstrations in China against #ZeroCovid. 1/ #ChinaProtests
instagram.com/reel/ClguoYhgx…
instagram.com/reel/ClguoYhgx…
The NYTimes video highlights the slogan, "No P.C.R. test. We want freedom!" Freedom from what? Freedom to transmit disease? Freedom to infect elderly people and kill them? Freedom from social responsibility? Freedom to "have fun" whatever the consequences? 2/
To the extent that these demonstrations are denouncing essential measures necessary to stop #Covid transmission, they are politically reactionary and deserve no support. The videos indicate that the protesters are drawn from the middle class. 3/
Dow Jones -0.52%, Nasdaq -0.71%, S&P 500 -0.76%.
$DJI $IXIC $SPX
$DJI $IXIC $SPX
Apple falls 2.1% at open on China iPhone production worries.
$AAPL #Foxconn
$AAPL #Foxconn
NASDAQ Golden Dragon China Index rises 3.1%, KraneShares CSI China Internet ETF up 3.9%, iShares China Large-Cap ETF up 1.1%.
$HXC $KWEB $FXI #China
$HXC $KWEB $FXI #China
Was passiert gerade in #China? Und woher kommen die Proteste? Eine kurze Erklärung 🇨🇳🧵👇
#Protest against #Covid19 #lockdown after fire kills 10 in Xinjiang | Nov 26
- Late Friday, videos circulated widely on the Chinese internet showing throngs of residents in #Urumqi marching to a government building and chanting “end lockdowns,”
bangkokpost.com/world/2446825/…
- Late Friday, videos circulated widely on the Chinese internet showing throngs of residents in #Urumqi marching to a government building and chanting “end lockdowns,”
bangkokpost.com/world/2446825/…
#Rothschildism.
#China is #Rothschild's Model for #NWO | Dec 9, 2019
- The #genocide experienced by the #russians in Ukraine, funded by the #oligarchs and carried out by the #Azov-#Nazi - battalions is a copy the #China’s genocide against the #Uyghurs
#China is #Rothschild's Model for #NWO | Dec 9, 2019
- The #genocide experienced by the #russians in Ukraine, funded by the #oligarchs and carried out by the #Azov-#Nazi - battalions is a copy the #China’s genocide against the #Uyghurs
#Rothschildism #MSM: 154 articles in less than two days.
Title: "#China's Communist Party to celebrate 100th #birthday in show of pomp and power."
Title: "#China's Communist Party to celebrate 100th #birthday in show of pomp and power."
Anyone banking on #ZeroCovid being wound back in #China soon, allowing the Chinese economy to bounce back, restoring supply chain reliability here in the near future… don’t. It’s going to take a looong time for China to ease #ZeroCovid.
The government in #China doesn’t seem to know exactly how to escape from the #ZeroCovid corner it’s painted itself into. This will be a long, drawn-out, process of trial and error easing, restricting, easing, restricting.
Im #Foxconn-Werk in 🇨🇳 Zhengzhou soll es Zusammenstöße von protestierenden Mitarbeiterinnen und Mitarbeitern und der Polizei gegeben haben. Augenzeugen berichten von Tränengas, eingeschlagenen Scheiben von Polizeiautos und einem brennenden Werkstor. (1/4)
Hintergrund ist wohl, dass sich neu eingestellte Mitarbeitende betrogen fühlen, weil sie länger als vereinbart arbeiten & ihr Gehalt erst später bekommen sollen. Außerdem gibt es Berichte über Corona-Fälle in der Fabrik, die nicht ausreichend versorgt und isoliert werden. (2/4)
Schon Anfang des Monats waren viele aus der Fabrik geflüchtet: aus Angst vor Corona-Fällen & wegen katastrophaler Zustände. Das Gelände wurde unter Quarantäne gestellt. (3/4) zdf.de/nachrichten/he…
Fresh unrest at the world’s largest #Apple iPhone factory according to Reuters. “People describing themselves as Foxconn workers pulled down barriers and argued with hazmat-suited authorities at a #COVID-hit plant” in #China’s #Zhengzhou.
We are appalled by the inhumane working conditions faced by our comrades at #Foxconn in Zhengzhou. We are appalled by the complicity and apparent inaction of our employer @Apple.
Apple’s Supplier Responsibility Report [apple.com/supplier-respo…] lays out expectations for suppliers. We expect answers, immediate actions and zero tolerance when these are not met.
We fully support this petition that calls for an independent investigation authorised by Apple, and demand answers to the following:
#China Covid: Panic and fear drove iPhone factory breakout bbc.co.uk/news/world-asi…
For this piece, workers at #Foxconn told us about some of the crazy rumours which drove the panic and mass breakout at the world’s largest producer of #Apple iPhones in #China… bbc.co.uk/news/world-asi…
‘According to these rumours, the plan was to see how many of them would die.… Sentiments were spreading like: "Foxconn is going to take my life."’ bbc.co.uk/news/world-asi…
Workers have broken out of #Apple’s largest assembly site, escaping the Zero #Covid lockdown at Foxconn in #Zhengzhou. After sneaking out, they’re walking to home towns more than 100 kilometres away to beat the Covid app measures designed to control people and stop this. #China
Workers have broken out of #Apple’s largest assembly site, escaping the Zero #Covid lockdown at Foxconn in #Zhengzhou. After sneaking out, they’re walking to home towns more than 100 kilometres away to beat the Covid app measures designed to control people and stop this. #China
"Foxconn, Vedanta's $5 billion semiconductor plant"
In 2015, Chief Minister Devendra Fadnavis signed a $5 billion investment deal with Foxconn.
#Foxconn
In 2015, Chief Minister Devendra Fadnavis signed a $5 billion investment deal with Foxconn.
#Foxconn
In 2020, the MVA government announced that the contract with Foxconn had been cancelled...
In July 2022 MVA Govt ended and Shinde Fadnavis Govt came into existence in Maharashtra...
CM Eknath Shinde and Deputy
CM Devendra Fadnavis restart talks with Foxconn for $5 billion
investment semiconductor plant...
CM Eknath Shinde and Deputy
CM Devendra Fadnavis restart talks with Foxconn for $5 billion
investment semiconductor plant...
As 3 maiores empresas de #Taiwan -Foxconn, Pegatron e TSMC tem fábricas espalhadas pela #China -principalmente em #Shangai-, de onde exportam barato, para todo o planeta. Donos e acionistas ficarão contra Xi Jinping?
Em caso de anexação, os empresários taiwaneses e acionistas globais ficarão ao lado de Xi Jinping ou de Tsai Ing-wen?
Quem estará disposto a perder mais de U$15 bilhões em lucros líquidos anuais por conta de uma mudança administrativa e política?
Quem estará disposto a perder mais de U$15 bilhões em lucros líquidos anuais por conta de uma mudança administrativa e política?
Caso a China corte a cadeia de suprimentos da #TSMC -a empresa mais importante do planeta Terra e 3 vezes maior do que o principal concorrente, a Samsung Semiconductor, da Coréia do Sul-, a derrocada da empresa afetará a economia global no dia seguinte, em efeito-dominó.
1/16
Wie Apple den 🇺🇲 Aktienmarkt endgültig in die Knie zwingen könnte
Wir sehen derzeit, wie von vielen berichtet, einen beispiellosen Stau vor den Hafen 🇨🇳
Was passiert, wenn #Apple , mit 6,92% größtes Gewicht im S&P500 aufgrunddessen beginnt, schlechte Zahlen zu melden?
Wie Apple den 🇺🇲 Aktienmarkt endgültig in die Knie zwingen könnte
Wir sehen derzeit, wie von vielen berichtet, einen beispiellosen Stau vor den Hafen 🇨🇳
Was passiert, wenn #Apple , mit 6,92% größtes Gewicht im S&P500 aufgrunddessen beginnt, schlechte Zahlen zu melden?
2/
Bereits am 14.03. fährt Foxconn die Fabriken runter, die für @Apple
essentiell sind. Dies fließt in die Zahlen des 3. Quartals ein. Wann kommen die?
spiegel.de/wirtschaft/unt…
Bereits am 14.03. fährt Foxconn die Fabriken runter, die für @Apple
essentiell sind. Dies fließt in die Zahlen des 3. Quartals ein. Wann kommen die?
spiegel.de/wirtschaft/unt…
3/
Apples Geschäftsjahr startet im Oktober. Daher kommen die Zahlen für Q3, welches in die aktuellen Lockdowns fällt, am 25. Juli.
Die Zahlen sind bereits schlechter als in den letzten Quartalen. Man hat die Erwartungen fiatmäßig mal eben nach🔻angepasst, daher Kurs stabil.
Apples Geschäftsjahr startet im Oktober. Daher kommen die Zahlen für Q3, welches in die aktuellen Lockdowns fällt, am 25. Juli.
Die Zahlen sind bereits schlechter als in den letzten Quartalen. Man hat die Erwartungen fiatmäßig mal eben nach🔻angepasst, daher Kurs stabil.
Five (and a half) interesting items tucked into the budget requests of Wisconsin state agencies: bit.ly/2JsVnyV
1/ Downgrade marijuana possession to an ordinance violation for first and second offenses, misdemeanor for third offense. (Currently, possession is a misdemeanor for first offense, felony thereafter.) This would save the Public Defender's Office half a million dollars/yr.
2/ No tax credits for #Foxconn since they aren't fulfilling the terms of the contract. That frees up $424 million (!!) over two years in money taxpayers won't be putting in Foxconn's pocket.
आजच्या या थ्रेडमध्ये #Tata कंपनी व #Apple कंपनीबद्दल माहिती सांगितली आहे..tata ने ॲपल मोबाईलचे ठराविक पार्ट बनविण्यासाठी पुढाकार घेतला असुन टाटा तमिळनाडूमध्ये प्रकल्प चालु करणार आहे..खालील धाग्यात
1)डील बद्दल..
2)#Titan चा सहभाग
3) तमिळनाडूच का?
इ..
जाणुन घेऊ
#म #रिम #threadकर
1)डील बद्दल..
2)#Titan चा सहभाग
3) तमिळनाडूच का?
इ..
जाणुन घेऊ
#म #रिम #threadकर
टाटा कंपनीने ॲपल कंपनीच्या मोबाईलचे ठराविक भाग बनवण्याचा निर्णय घेतला असुन हा एक ऐतिहासिक निर्णय आहे.यासाठी टाटा ग्रुपने तमिळनाडू मधील चेन्नई जवळील 'होसुर' गाव ज्याला ब्रिटीश 'little England' म्हणायचे या गावात जवळपास ५००० करोड रुपयांचा प्रकल्प उभारण्याचा निर्णय घेतला आहे.
या प्रकल्पासाठी टाटा ने #TATA_electronics नावाने नवीन कंपनी चालु केली असुन #TIDCO(Tamilnadu Industrial Development Corporation) या तमिळनाडूच्या सरकारी कंपनीने टाटाला होसुरमध्ये जवळपास ५०० एकर जमीन उपलब्ध करून दिली आहे.या प्रकल्पाची किंमत ५००० करोड असली तरी भविष्यात ती ८००० करोड
What happens in the absence of State aid rules?
A couple of US examples provide some insight.
Firstly subsidy races. Each year the US public sector spends c.$100 bn persuading businesses to relocate within the US. No real benefit for US economy.
theatlantic.com/ideas/archive/…
•1•
A couple of US examples provide some insight.
Firstly subsidy races. Each year the US public sector spends c.$100 bn persuading businesses to relocate within the US. No real benefit for US economy.
theatlantic.com/ideas/archive/…
•1•
Subsidy auctions are competitions organised by big companies to play off funding bodies and generate the biggest taxpayer funded subsidy.
State aid rules act as a backstop for the public sector to collectively refuse to go beyond set values. Bids win on merit, not money.
•2•
State aid rules act as a backstop for the public sector to collectively refuse to go beyond set values. Bids win on merit, not money.
•2•
In 2017 Amazon launched a subsidy auction in the US for a ‘second’ headquarters.
With weak subsidy control rules over 238 cities bid against each other.
Taxpayer subsidies spiralled upwards. State aid rules would have safeguarded the taxpayer.
•3•
marketwatch.com/story/what-ama…
With weak subsidy control rules over 238 cities bid against each other.
Taxpayer subsidies spiralled upwards. State aid rules would have safeguarded the taxpayer.
•3•
marketwatch.com/story/what-ama…
(1/8)
Inviting giants like #Apple, #Samsung & #Foxconn to set up mobile phone manufacturing facilities in India could prove to be a double edged sword for well established Indian contract manufacturers like Dixon Technologies for various reasons. Key among these are....(contd)
Inviting giants like #Apple, #Samsung & #Foxconn to set up mobile phone manufacturing facilities in India could prove to be a double edged sword for well established Indian contract manufacturers like Dixon Technologies for various reasons. Key among these are....(contd)
(2/8)
Key reasons for concern:
1. COST COMPETITIVENESS
Giant scale manufacturing could mean lower costs which in turn could increase cost competitiveness and reduce margins for existing manufacturers
#costcompetitiveness
Key reasons for concern:
1. COST COMPETITIVENESS
Giant scale manufacturing could mean lower costs which in turn could increase cost competitiveness and reduce margins for existing manufacturers
#costcompetitiveness
(3/8)
2. "ATMA-NIRBHAR COMPETITION"
Government providing financial and policy help could encourage existing clientele to start their own distributed manufacturing hubs and control and future proof their supply chains
#AtmaNirbharBharat
2. "ATMA-NIRBHAR COMPETITION"
Government providing financial and policy help could encourage existing clientele to start their own distributed manufacturing hubs and control and future proof their supply chains
#AtmaNirbharBharat
APPLE is one of many giant corporations with supply chains linked to the Chinese state's Uyghur forced labour schemes.
Join the protest from home 2pm Tuesday 14/4! Contact Apple by phone, twitter & insta to demand an end to #AppleForcedLabour.
Stand in solidarity: #FreeUyghurs!
Join the protest from home 2pm Tuesday 14/4! Contact Apple by phone, twitter & insta to demand an end to #AppleForcedLabour.
Stand in solidarity: #FreeUyghurs!
Please share this 👆 far & wide! Next Tuesday, let's flood their phone lines and social media with the call to cut ties with forced labour.
And remember - it's Apple's bosses who are responsible, not call centre workers, so please be polite!
#AppleForcedLabour #FreeUyghurs
And remember - it's Apple's bosses who are responsible, not call centre workers, so please be polite!
#AppleForcedLabour #FreeUyghurs
The labour programmes coercively transfer members of the persecuted Uyghur minority to factories across China.
These include O-Film, #Foxconn, Dongguan Yidong Electronics & Highbroad - all connected to Apple's supply chain: aspi.org.au/report/uyghurs… #appleforcedlabour #freeuyghurs
These include O-Film, #Foxconn, Dongguan Yidong Electronics & Highbroad - all connected to Apple's supply chain: aspi.org.au/report/uyghurs… #appleforcedlabour #freeuyghurs
