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YoshiSan90 t1_ja5d65a wrote

India will replace China as the worlds manufacturing hub. It's in the early stages now, but as the supply chains start to build up the pace will increase exponentially. Hopefully this brings the Indian people wealth and stability. Xi screwed the golden goose picking fights with all of their neighbors.

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wakomorny t1_ja7j4jg wrote

Nah they will shift just enough to serve the Indian market. Due to high taxes this keeps them competitive in the local Indian market.

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iLamb3r7 t1_ja74edl wrote

I thought Samsung phones were made in Vietnam?

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YoshiSan90 t1_ja7bytm wrote

Last one I had was actually made in Korea. They don’t make any in China. The last Samsung phone factory in China closed in 2019.

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silver_shield_95 t1_ja8pz8b wrote

It's split between Vietnam and India by the looks of it, they also make some very high end models in Korea itself.

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ShinyHappyAardvark t1_ja5igw1 wrote

I disagree. America will re-shore it’s major manufacturing to North America. Replacing China with India is like replacing your car with an ox cart.

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YoshiSan90 t1_ja5l1ab wrote

There will be near shoring of quite a few things to Mexico and North America for sure.

There simply aren’t enough workers for all of it though. We already have record low unemployment. Who would work all of these factories?

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ShinyHappyAardvark t1_ja6q8mn wrote

Good point. Some reShoring is going on, but not large scale, yet. I stand by my oxcart remark.

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