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apple captures 60% of profits on its devices while the factory that builds them in China captures only 2%.

now you know why foxconn had suicide nets.




To be honest, this changes my mind on the situation. I've always tried to follow the money; those who control the money flow control all the power.

Is it a situation where Apple is squeezing the suppliers? I'm aware Walmart has very predatory practices with their suppliers, so something similar?


> Is it a situation where Apple is squeezing the suppliers?

yes. brutally.

from: https://www.macrumors.com/2023/02/14/only-half-of-indian-iph...

> "Apple engineers told that Chinese iPhone suppliers and government officials have a "whatever it takes" approach to win iPhone orders, work was often completed weeks ahead of schedule at "inexplicable speed". In India, [we] are not running at this pace. "There just isn't a sense of urgency," one Apple engineer remarked."

when you allow your supplier only 2% of the cuts. of course the ones at the bottom will be squeezed mercilessly. and apple maintains its huge margins.

https://apple.fandom.com/wiki/Criticism_of_Apple#Safety_prob...

https://www.business-humanrights.org/en/latest-news/china-ap...

https://www.culawreview.org/journal/child-labor-and-the-huma...

https://www.washingtonpost.com/technology/2019/09/09/apple-a...

https://chinalaborwatch.org/somethings-not-right-here-poor-w...

https://9to5mac.com/2020/11/09/key-apple-supplier-pegatron-c...

https://edition.cnn.com/2020/12/15/tech/apple-iphone-india-w...

https://www.reuters.com/world/india/fire-apple-supplier-pega...




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