Exactly, their already overpriced products can only get more expensive with this move. Doesn’t seem like a sound business decision to me.
It’s capitulation to those limp-wristed dolts who complain about working conditions for Foxconn factory workers. They kvetch about working conditions, but they don’t realize that there are legions of Chinese people waiting for job openings at those plants. You get a few to commit suicide on the campus to make some political point, but Foxconn brings in new recruits the next day to replace them. Isn’t capitalism grand?
Putting factories to work in the US would require minimum workplace safety standards, 8 hour days, likely union thuggery, health benefits, etc. The cost of production would SKYROCKET compared to the labor costs of doing the same thing in China or Mexico. These limp-wristers just don’t understand how supply/demand and production cost works.