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Economy

“How manufacturing chips in the US could make smartphones more expensive”

“But analysts say one catch is that shifting manufacturing to the U.S. will raise the price of chipmaking — and, perhaps, the prices of popular devices that use chips, like smartphones and game consoles….

“The major reason for the cost gap is the construction costs of building and facilities, which can be four to five times greater for a U.S. fab versus a fab in Taiwan,” Huang said. “The high costs of construction includes labor costs, costs of permits, cost of occupational safety and health regulations, inflationary costs in recent years, and people and learning curve costs.”…”

https://www.cnbc.com/2023/03/09/why-manufacturing-chips-in-us-may-make-smartphones-more-expensive.html

Oh no the price will go up! You mean to tell me since the U.S. doesn’t use slave labor like china the cost of US made products will be higher? Unbelievable. Sarcasm aside you know what else will be higher? Employee pay.

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