Quote:
Originally Posted by Maggie Leung
Agreed. I think Latin America is a likelier possibility than Africa or Haiti, but again Latin America is not one nation, which makes business more unwieldy.
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India, Bangladesh, Indonesia, those are the ones that are taking up the slack. All components are made in Asia (Japan, Taiwan, Korea, etc) and the factories won't go to Latin America for that reason alone. Besides, Asia is the largest potential market and the last 20 years have greatly enhanced living standards in most countries. Indians and Chinese are spending like crazy. Vietnam has a labor shortage already (though electronics may move there to replace other industries) and places like most African countries and Haiti are, unfortunately not suitable for setting up factories at this time.