Your IPhone Is Already Made in America https://wapo.st/2R9LCWj
Who gets the most credit should come down to who adds the most value, in my view. One way to look at this is through operating margin. While an imperfect measure, this is as good a rule of thumb as any. It tells you the difference between what a company paid to gather the inputs of a product (including staff) and what customers were willing to pay for those inputs after the company added its own value.
By this gauge, it’s clear that Apple really is the “maker” of the iPhone, even though it does very little manufacturing. Foxconn does the final assembly, yet its margins are one-tenth those of its client. Apple’s operating profit last year was $71 billion. Hon Hai, which gets half its sales from Apple, earned $4.5 billion.
Much value is added by other companies, from the southern U.S. to western Europe to northern Taiwan, where margins are even higher than Apple’s. None earn the label “Made in” because there are many more steps still to come.
富士康科技集團表示，
NXP
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