Labor in China costs far less than the equivalent worker in the U.S. but what happens when labor costs rise in China? Companies move to Vietnam, where the cost is half.
DigiTimes published a short statement on Compal's threat to move factories to Vietnam. Actually, it isn't a threat because the company started opening factories two years ago.
This trend is growing and will put pricing pressures on China.
DigiTimes published a short statement on Compal's threat to move factories to Vietnam. Actually, it isn't a threat because the company started opening factories two years ago.
This trend is growing and will put pricing pressures on China.