Embedded Systems Conference
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
With its Galaxy S6 announcement at MWC, Samsung and smartphones in general look to be in trouble and thatís bad news for the electronics industry.
Using FPRF devices, manufacturers can add a cost-effective enhancement to their equipment that will differentiate them from their competitors and improve medical care.
Intel is right: heterogeneous integration enabled by 3D IC "increasingly important part of scaling."
Today's engineering students get to see what it's like to work in teams to solve problems. The university experience is no longer rigid.
At Mobile World Congress, BlackBerry announced four smartphones, including the Leap, but the company's focus is really on its enterprise software portfolio.
Flash Poll
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Top Comments of the Week