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Donald Trump

Foxconn May Be Backed By SoftBank In Making Major US Investments And Generating 50,000 Jobs:

Dec 7, 2016 By

Foxconn, the top assembler for Apple’s products is slowly making its way into the US market, with the help of SoftBank, the Japanese investment giant. SoftBank CEO Masayoshi Son recently met with Trump in the US after he was elected president to discuss plans for US investment. Although very few sources have been able to gather information correctly about this confidential meeting, a couple of things have been discussed for sure.

In their meeting, Son and Trump discussed about Foxconn’s intentions of making investment in the US. This points at high chances for the fact that 50,000 US jobs can be created in the US.  Trump can use this as a slingshot to launch himself in the good books of non- supporters. Just like he had committed an investment value of $10 billion in India, it has decided to invest almost $50 billion in US alone. Such kind of money can be generated by SofBank only through its technology fund, which can currently has more than 100 billion US dollars in it. Out of this, 7 billion may be  the amount reserved by the firm for its investment into  Foxconn.

According to Foxconn, it is working to understand for sure how much of profit will be available to both parties so this can be worked upon. Asides, they refused to discuss any more details about the meeting with trump, stating that they could not disclose much about their confidential meeting with a ‘relevant US official. All pieces of the puzzle seem to fall back in place with this deal, as earlier Trump had already coaxed Apple to bring its production completely into US. At that point, everyone was busy forming views and voicing opinions about how expensive the iPhone 8 was going to be. Little did we know that with foreign money pouring into the country, Apple would not really face extreme losses here, as it had been projected.

 

Filed Under: Apple, Business, Technology Tagged With: Apple, Donald Trump, Foxconn, Masayoshi Son, President of USA, SoftBank

The iPhone 8 could cost more than 700 US dollars, thanks to Donald Trump:

Nov 16, 2016 By

The iPhone 8 is a matter of great discussion amongst the people all across the globe and now. The ones discussing about this phone constitutes largely of Technical experts as well as, surprisingly economic and political experts as well. If you are so as to why political experts would be interested in an Apple device then you might have missed Donald trump’s little speech about having Apple manufacture its computers and phones within United States so the country could become self sufficient.

As lucrative as this ideology appears, it would actually work contrary to what the people of America North Inc. For starters, the price of the iPhone that would next be launched would shoot up to a shockingly high amount and people would be forced to look for alternatives since the iPhones are already not very cheap to buy.

The main reason why Trump’s decision about having Apple move it’s productions into United States of America you would work against the plan is because Apple relies heavily on China for production and assembly of its iPhones iPads and computers. China for a manufacturer poses to be the best place to carry out its operations, because the labor available is not just cheap , but is also very skilled. United States of America might be one of the best countries in the world in terms of power but when it comes to availability of skilled laborers, it has a very large room for improvement appoint a part of this can be blamed upon the lack of vocational education and training facilities in US and the major deviation in People’s choice of opting for vocational training courses.

On the contrary most of China’s labor is highly trained to do these jobs in a very efficient manner, for the lowering chances of Dad production. On the other hand the proximity of Chinese companies to one another makes it a better place to invest because that way it reduces the cost of transporting one spare parts to the other and also reduces the time. Assembly is best done in China its Self because all the spare parts are also manufactured close by hence production is done quite fast.

If all this production was to move back into the United States then it would mean that Apple would have to hire workers from China until the local workforce was ready to start working independently. Moreover Donald Trump wants to impose a 45% Hike on the taxes to be paid while importing goods from China. Hence if Apple is to continue buying from China then the iPhone would become 45% more expensive.

According to this if Apple chooses to go with China then the price of the iPhone 8 increases and if it has to ultimately open its factories in United States the price of the iPhone 8 would still go up because US labor is more expensive than Chinese labor. Right now we can only hope that Donald Trump does not actually give effect to this new rule so that Apple can continue production in China and our iPhones continue to be available cheap.

Filed Under: Technology Tagged With: Apple, Donald Trump, iPhone 8, Mac

Zuckerberg Refuses To Turn Facebook Into a Racist Website – Will Support Muslims And Their Rights:

Dec 11, 2015 By

Zuckerberg's post on Facebook promising Muslims support.
Zuckerberg’s post on Facebook promising support to Muslims.

Zuckerberg, CEO of Facebook and just turned father of a baby girl, Maxima, is also an unbiased human. With the world in turmoil on Paris terror attacks and the havoc wreaked by ISIS, there has been a lot of discrimination against Muslims around the world. Unfortunately, it has come from some of the most influential people of the world, one of them being Donald Trump, who apart from being a multimillionaire tycoon, is now one of the contenders for being the next president of United States from the republican party.

Trump shocked the world with his recent speech made in a public event where he openly criticized Muslims in general for the recent mishaps in Paris. He said that Muslims should not be allowed to enter United States of America at all.

Zuckerberg, on the contrary, supported Muslims with his recent post on Facebook. He post dealt with his opinions about the fact that despite all the allegations against Muslims and the degradation they are facing because of terror groups, Zuckerberg would not bar them from Facebook. He is eager to make a contribution in his own way to support Muslims, not just in America, but in all parts of the world. Zuckerberg expressed his desire to welcome Muslims to use Facebook and assured that this would be a peaceful place for them.

His reasons behind this is clear. Zuckerberg is a Jew himself and is a part of a community that faced genocide during the 2nd world war. His parents, he said, taught him to believe in standing up against attacks on all communities and that an attack on anyone’s freedom today would turn against everyone in future. He closed his post by asking people not to be in despair and to face Cynicism boldly.

This post was liked by almost a million users. it was shared thousands of times on everyone’s page. Comments by senior members of Facebook, like those of COO Sheryl Sandberg urged people to like each other for their differences and to ‘embrace them’.

Trump however, remained sardonic and indirectly held the internet for being responsible for so many people joining the ISIS. He said that the internet worked as an effective platform to help ISIS ‘recruit’ members. These members who would try returning to America, according to Trump, should not be allowed back in United States of America.

Filed Under: World Tagged With: Donald Trump, Facebook, ISIS, Muslim, Paris attacks, Zuckerberg

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