this post was submitted on 29 Aug 2023
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Did everyone here forget that covid started in 2020? This article tries to knock on foxconn by suggesting that their "market fluctuations" claim is an excuse... DURING PEAK COVID. I wonder why they couldnt hire more people or have more of their building occupied... must have been BLATANT CONSERVATIVE LIES
Yes COVID happened but this deal was always a sham. You just haven’t learned enough about it.
Tell me how it was a sham, and tell me how covid had no effect on why
Occupancy wasnt as great as they said it was given everyone was isolating and staying 6ft distance
Supply chains were heavily backlogged due to companies not getting enough man power. My assumption is that given that foxconn is a materials manufacturer, their reduction in personnel heavily reduced their potential output.
Dude supply chain issues are things like your washing machine is back ordered for two months. And they get better. This is billions of dollars in supposed investments that never showed a sign of arriving and still has not despite the pandemic abating.
I can tell you’re feeling defensive but don’t let that stop you from just googling this topic and reading what you will easily find.
For starters it was to build lcd screens. You know....those things that were already being replaced back before 2017 by oled.
Before ground was broken the entire industry already knew LCD tvs and panels were being replaced, yet that's what the "state of the art" facility was going to be manufacturing.