REGISTER | LOGIN
Breaking News
Blog

LEDs at Forefront of Reshoring Movement

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
Wnderer
User Rank
Author
Shrinking Global Economy
Wnderer   5/14/2014 4:27:49 PM
NO RATINGS
I'm not sure this is a good thing. I think it might be a sign of a shrinking global economy. More manufacturing and service industry jobs in the US at the expensive of growth in information age STEM type jobs.

Bert22306
User Rank
Author
Exactly as one would expect, but maybe faster
Bert22306   5/14/2014 4:16:46 PM
NO RATINGS
Global economics is a self-regulating machine. Jobs move overseas when labor is cheaper overseas. It's only natural that as demand for labor goes up in these countries, cost of that labor will go up too. Eventually, the cost of the labor plus the extra costs involved with having a design manufactured far away, will create a new equilibrium position. This holds for any type of job, doesn't have to be just manufacturing.

I'm glad to see that LED lighting is part of this reshoring phenomenon. Because quite honestly, it was really aggravating to hear whiny politicians complaining that phasing out incandescent lighting would move US jobs overseas. Amazing no? That the only lighting US factories could produce profitably was a primitive design from the stone age? How do these whiners not embarrass themselves? Thank heavens it ain't so!

More Blogs
Foxconn is apparently considering smartphone manufacturing in the U.S., raising questions about what deals the Trump Administration is offering.
Hot Chips has a talk for every hot computing topic this year as well as great human networking with many of the most interesting people in the chip business.
Lauro Rizzatti, Nasr Ullah (Samsung), Bruce Cheng (Starblaze), and Robert Kaye (ARM) discuss emulation for data storage chips, system IP, and embedded software.
Suits and counter-suits make for good entertainment from the sidelines, but do they help consumers?
The Internet of Things needs an open standard for unlicensed band connectivity.
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed