An Apple manufacturer's VP has quit after talking about China exodus
The vice president of Chinese firm and Apple supplier Goertek has unexpectedly quit for "personal reasons," just days after saying clients were pressing all suppliers to build factories outside the country.
A Goertek office in China
At one point Goertek was a key supplier of AirPods Pro, but after it was dropped by Apple, its stock fell by 60%. It's not clear whether the company continued making regular AirPods, but the Chinese firm does supply a great many different technology clients.
Speaking in general terms about all of those clients on February 28, 2023, Goertek vice president Kazuyoshi Yoshinaga said they were visiting the company "almost every day," and asking "'When can you move out [of China]?'"
Now according to the South China Morning Post, Yoshinaga has resigned. The news was revealed in a stock exchange filing made on March 7, 2023, which listed that Yoshinaga was resigning for "personal reasons."
Unsurprisingly, the filing made no mention of Yoshinaga's comments, and Yoshinaga has not spoken of the reasons for his leaving. It's entirely possible that this resignation was planned, but the company's news page makes no mention of it, and there's no word of Yoshinaga's successor being appointed.
Read on AppleInsider
A Goertek office in China
At one point Goertek was a key supplier of AirPods Pro, but after it was dropped by Apple, its stock fell by 60%. It's not clear whether the company continued making regular AirPods, but the Chinese firm does supply a great many different technology clients.
Speaking in general terms about all of those clients on February 28, 2023, Goertek vice president Kazuyoshi Yoshinaga said they were visiting the company "almost every day," and asking "'When can you move out [of China]?'"
Now according to the South China Morning Post, Yoshinaga has resigned. The news was revealed in a stock exchange filing made on March 7, 2023, which listed that Yoshinaga was resigning for "personal reasons."
Unsurprisingly, the filing made no mention of Yoshinaga's comments, and Yoshinaga has not spoken of the reasons for his leaving. It's entirely possible that this resignation was planned, but the company's news page makes no mention of it, and there's no word of Yoshinaga's successor being appointed.
Read on AppleInsider
Comments
After WWII the world had Pax Americana for close to eighty years. Is that gone today?
BRICS and the BRI/DSR have managed to pull in most of the world.
Now the US is facing dollar pushback and the very real possibility of being overtaken in technology output.
If anyone is spooked and scrambling to change course it is the US.
Reality says (and you can check it yourself) that the BRI has basically run through all of Latin America, Africa and Asia. Middle East is pivoting to China and Russia doesn't have too many options.
What's left? Not much and China trade with the US and EU is nothing to be scoffed at.
BRICS Brazil, Russia, India, China, and South Africa
BRI/DSR Belt and road initiative/Digital silk road.
If the politicians in Washington are serious, get rid of NAFTA. Note the gentry class won’t do that.
We already know they don’t respect IP and routinely engage in corporate espionage.
We already know the CCP runs the show over their corporations, and can demand access to records and data any time they wish.
We already know they’re a brutalist authoritarian regime that doesn’t respect human rights nor democracy.
…these are just facts, not opinions. Go read the UN reports or first-hand accounts by former citizens.
https://www.brookings.edu/blog/order-from-chaos/2020/11/16/rcep-a-new-trade-agreement-that-will-shape-global-economics-and-politics/
Want to know what will happen to China if they supply arms to Russia? FAFO.
Buh bye...
Apparently this is the future Avon B7 is touting when totalitarian China becomes the dominant economic/military power. The Unites States and Europe will become subservient to almighty China and Emperor Xi Jinping.
Now as for Avons’s claim of China overtaking “technology output” that won’t happen if the West can manage to cut off China’s incessant stealing of IP. They can’t invent new technology if they can’t steal it first from the U.S or Japan. The technology his invented elsewhere, then sent to China for manufacture where it is then stolen by the CCP and the PLA. How do you think Russia and China got the bomb in the first place? Turns out Stalin had a spy in Los Alamos the whole time. Like Apple’s oft quoted line, “Developed in Cupertino, manufactured in China."
Real GDP per capita is number 99 in the world.
http://https//www.cia.gov/the-world-factbook/field/real-gdp-per-capita/country-comparison/Let's be fair. As you know I'm pro EU but not really pro or anti US/China.
I try to stick to the facts as much as I can.
The US (not 'the West') is trying to choke China on technology (that is US phrasing, not mine) precisely because China is pulling ahead. That has been noted officially by US representatives.
Its actions will (are!) only serve to accelerate China's technology aspirations. Nothing can stop that, only slow it down, and very short term.
As for IP theft, it's a global problem but have you actually checked who is consistently filing the most patents?
https://www.reuters.com/article/us-un-patents-idUSKCN2AU0TM
I'm not talking about patent 'quality' but the patents themselves. They are filed precisely for IP reasons. Why do you think Chinese companies even bother if they steal everything? You are using blanket statements and a very wide brush.
Have you checked the top patent filers even within the US?
https://www.business-standard.com/article/international/huawei-ranks-5th-in-us-patents-in-sign-of-chinese-growth-study-122011200007_1.html
Will you admit that we are in the early stages of a digital industrial revolution? Will you admit that the US completely (and utterly) missed the ball of the backbone of that technology (5/5.5/6G) and admit that it is China which is a major player in that realm? With the patents and standards bodies support to back it up.
Will you admit that the US completely (and utterly) missed the ball on semiconductor production? It is why government is now stepping in to subsidise that area of the industry.
Will you admit that Trump started a trade war with China to get more business out of them and then had to pump billions into US agriculture to keep it afloat when China reduced orders?
Will you admit that the US is currently out, not to compete, but to destroy global supply lines?
Will you admit that the US has threatened allies to get its way?
It told Saudi Arabia to dump Huawei or lose the sale of F-35s. Saudi Arabia seems to have opted for Huawei and also signed a major energy deal with China.
Will you admit that the US has imposed unilateral sanctions on sovereign countries? Even against the opinions of its allies. Take Iran as an example.
Will you admit that US technology restrictions have caused severe harm to its own technology interests?
https://www.tomshardware.com/news/sia-on-sanctions
Billions in revenues have been lost. Revenue that is needed for R&D.
That is R&D to compete with non-US rivals.
And that it introduced limitations which impacted allied sovereign technology companies without consulting their governments?
No one was consulted on these October restrictions that were pushed through:
https://www.nytimes.com/2022/10/07/business/economy/biden-chip-technology.html
The US just enacted them and it didn't look good in the eyes of allies. It why it's taken since then to bring some governments onboard. They were furious.
Do you think 'de-americanisation' is underway in sovereign technology manufacturers simply to protect themselves from US unilateral extraterritorial interference?
Will you admit that the US has got caught various times spying on EU officials? Merkal included!
I can talk about facts and support them.
I respect your opinion but it seems to be missing some fact checking at the very least and/or you are letting emotion cloud your vision.
No one is perfect (well, apart from the EU of course! LOL) but things aren't really as you painted them. Try to balance things out a bit.
The BRI began 10 years ago. Just before the pandemic it really took off. So did the DSR.
When 150 countries approx sign on and many sign contracts with China for major infrastructure projects it is difficult to claim the west is against them. Right?
Lots of talk about 'debt traps' but very little to back it up. And speaking of debt, how is the US doing?
And now we are seeing some dollar pushback too. Why?
Things don't look good for the US simply because no-one (except for the Hawks) thinks the policy changes will work.
Have you actually seen anyone say that China won't reach the US and then overtake it on technology?
General opinion seems to be that it will happen simply because it's impossible to stop. The question is when.
Obviously in some areas (like 5G) it's already happened.