As site preparation and construction continues in Mount Pleasant for a Foxconn plant which is raising more questions than answers, the company is expanding its footprint in India with definite, cost-efficient plans.
Now, to be sure, Foxconn never said it would manufacture iPhones at the Wisconsin plant - - though some small display screen production or product assembly is possible - - and the company has also revised downward the scale of that plant, but it's easy to see why Foxconn would find the manufacturing sector in India so attractive:
The average annual wage for a production worker in India is just over 175,000 rupees; a currency converting website says that's about $2,500 US a year.
One hiring website pegs the average production worker pay in Racine at $10.15 an hour, or just over $21,000 annually - - not a family0supporting wage - - but more than a Racine worker's Indian counterpart would earn in over eight months.
So while I am using hurriedly gathered data, it's still clear to no precisely how Foxconn will hire 13,000 workers for its Wisconsin project at an average annual wage of more than $53,000, as this Journal Sentinel story noted with a perhaps unintentional chuckle:
Foxconn Is Weeks From Trial Run to Make Newest iPhones in India
The Indian assembly line of Foxconn’s Hon Hai Precision Industry Co. would serve local and export markets by the time Apple announces its next iPhone models in September, the people familiar said. The Taiwanese contract manufacturer, the biggest maker of iPhones, will initially invest about $300 million to set up for Apple with investments to ramp up as capacity expands, they said.
Now, to be sure, Foxconn never said it would manufacture iPhones at the Wisconsin plant - - though some small display screen production or product assembly is possible - - and the company has also revised downward the scale of that plant, but it's easy to see why Foxconn would find the manufacturing sector in India so attractive:
The average annual wage for a production worker in India is just over 175,000 rupees; a currency converting website says that's about $2,500 US a year.
One hiring website pegs the average production worker pay in Racine at $10.15 an hour, or just over $21,000 annually - - not a family0supporting wage - - but more than a Racine worker's Indian counterpart would earn in over eight months.
So while I am using hurriedly gathered data, it's still clear to no precisely how Foxconn will hire 13,000 workers for its Wisconsin project at an average annual wage of more than $53,000, as this Journal Sentinel story noted with a perhaps unintentional chuckle:
Foxconn says it will create thousands of jobs at surprisingly good wagesFull Foxconn archive, here.
from The Political Environment http://bit.ly/2OQhNZA
Breaking News: Foxconn is expanding - - in India - News Paper
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