In the AP news other tech companies are building new factories and therefore hiring US labor. I haven’t heard a peep about HP doing the same. With trade and technology theft, other companies have figured out that it’s best to return to On-shore again.
3 replies (most recent on top)
Yes, the US is a long way from being a low cost country. They will just move to another low cost Asian country if they move at all. Odds are they stay put since China has control.
Right, there is little in the manufacturing space to bring back. They might tell contract manufacturer's to move or somehow reduce the costs based on the tariffs (so they are the ones that move) but there isn't much for HP itself to move. As for desk jobs, more are likely to continue to move out the US rather than in (like to Guadalajara.)
HP Inc. has become a world wide company now with people in places other than the USA that feel they are part of the HP family. The product line I work in has 3 major locations, 2 in the USA and one in Spain. All of them contribute to the development of the product. The product itself is sub-contracted out to other companies to manufacture. HP is not so much a manufacturing company anymore, it is an invention company that invents things and then has other companies make them. Those other companies maybe located in the USA or elsewhere.