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[DT] PC Motherboard Prices to Rise By 10% By Q2, 2012 - Page 4

post #31 of 50
Edited for confusing months with weeks rolleyes.gif
Edited by willis888 - 2/3/12 at 6:18pm
post #32 of 50
Quote:
Originally Posted by willis888 View Post

Thanks for pointing that out. It surprised me to find out that minimum wage in Shanghai is $28/month higher than minimum wage in Minnisota and $32/month higher than minimum wage in Georgia and Wyoming.
It's so novel to think about - move to China, work for their minimum wage, and make more money than you could in America. I bet the cost of living is lower too - not only could you earn ~13% more money, but everything costs half as much (according to a quick google search that showed the price of a soda in Shanghai to be about $0.30 and assuming a soda in the US costs about $0.75).
I wonder what the (military+police):civilian ratio is. They've got so many people over there, it's probably lower than America's, meaning that not only can most people make more money in China, but we'd be less oppressed as well.
I wonder how long it will be before China decides to "help" us by bring "freedom" and "democracy" to their friends across the ocean? tongue.gif

$184/mo income in China. What do you think the monthly minimum wage is in the US?
    
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post #33 of 50
People get this warm fuzzy feeling that they're helping the world by instituting a state/national minimum wage but there are actually many unintended consequences to that. It artificially raises the cost of unskilled labor that in an otherwise free market, would be worth much less, (thus, giving an incentive to earn higher credentials and more pay). So now that I am an employer and am forced to inflate my wages because unions lobbied congress like they do, and my lowest of the low employee will now make 9 or 10 dollars an hour. What does that do to the rest of my budget for skilled labor? Then, your the evil corporatist villain demonized because you had to lay people off.

Why not make the minimum wage 10 dollars, 1 thousand, 10 thousand dollars an hour? What people don't realize is when you take natural free-market forces out of the picture and don't give it the ability to convey information it would normally convey to the employer/consumer/producer, EVERYTHING inflates. You think if you raise min. wage to 10 or 12 an hour, that many other costs such as wheat, milk, utilities, fuel, wouldn't proportionally raise? Whats the point then? Once you artificially prop up a market for so long, it eventually collapses (note 2007). If you don't do that, you never have to get to the point where the band aid needs to be ripped off, like we are about to go into very shortly in the US, and boy will it be painful for some folks. Remove minimum wage so the market can balance out, and return to its proper place.

And to the "184/mo income in china" comment.....you do realize that they dont have rabid inflation like we do right?

Please watch this video. Milton Friedman has gotten it right before, and he has been right ever since. Educate yourselves.
post #34 of 50
I say motherboard companies do what you will.

I will see what you have to offer in 5 years at the next round of consoles. Maybe, you know something we don't, but until then, I think demand will be low. Any common sense, and you should be lowering your prices just like the RAM companies have done.

Oh, for those that do raise their prices, I hope you will still be around in 5 years.
 
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post #35 of 50
Quote:
Originally Posted by willis888 View Post

Quote:
Originally Posted by kikkO View Post

Quote:
As for labor costs in China, the minimum monthly wage in Beijing was hiked by 8.62% from CNY1,160 (US$184) to CNY1,260 on January 1, 2012. Shanghai will raise wages 14.28% from CNY1,120 to CNY1,280 on April 1, and Shenzhen raised wages 13.63% from CNY1,320 to CNY1,500 on February 1, the sources indicated.

They're making more money than the grunt workers in the US. Don't remember the last time the average US worker got a raise.


Thanks for pointing that out. It surprised me to find out that minimum wage in Shenzhen is $28/month higher than minimum wage in Minnisota and $32/month higher than minimum wage in Georgia and Wyoming.

It's so novel to think about - move to China, work for their minimum wage, and make more money than you could in America. I bet the cost of living is lower too - not only could you earn ~15% more money, but everything costs half as much (according to a quick google search that showed the price of a soda in Shanghai to be about $0.30 and assuming a soda in the US costs about $0.75).

I wonder what the (military+police):civilian ratio is. They've got so many people over there, it's probably lower than America's, meaning that not only can most people make more money in China, but we'd be less oppressed as well.

I wonder how long it will be before China decides to "help" us by bring "freedom" and "democracy" to their friends across the ocean? tongue.gif


Quote:
Originally Posted by 2010rig View Post

How can $184 a MONTH, be more than what anyone makes in the U.S.? I highly doubt that's true.


1500 Chinese yuan = 238.0305 US dollars


There's a 40 hour work week in both China and U.S..

That works out to a minimum wage of about $5.95/hour.

There are 9 states in the U.S. with lower minimum wages.

Your math is flawed. Even the low State Min.Wage of $5.25/hour in Minnesota comes to $892.50/ month. Last time I checked 800 was bigger than 230.

Also, in America, you get overtime pay beyond 40 hours/week (except in special circumstances). This quote is from a BusinessWeek Article
Quote:
Pinning down what Chinese production workers are paid can be tricky. Based on Chinese government figures, the average manufacturing wage in China is 64 cents an hour, according to the U.S. Bureau of Labor Statistics and demographer Judith Banister of Javelin Investments, a consulting firm in Beijing. That rate assumes a 40-hour week. In fact, 60- to 100-hour weeks are common in China, meaning that the real manufacturing wage is far less. Based on his own calculations from plant inspections, the veteran compliance manager estimates that employees at garment, electronics, and other export factories typically work more than 80 hours a week and make only 42 cents an hour.

Relevant to the OP is the fact that copper costs rising approx. 7.5% would add REAL production costs increase to the product. However, if one looks at the profit margins of large tech companies that manufacture in Asian countries, I think one will find that there is plenty of fat on that cow. In other words, the rise in copper causing a rise in product cost to consumer is only present to protect profit margin, therefore protecting investors.
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post #36 of 50
More like:

Motherboard venders such as Asus and Gigabyte, in response to each others memo to collude, have agreed to raise motherboard prices by 10%.
 
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post #37 of 50
Quote:
Originally Posted by subyman View Post

More like:

Motherboard venders such as Asus and Gigabyte, in response to each others memo to collude, have agreed to raise motherboard prices by 10%.

Exactly...

Any excuse to raise prices is a good one, as far as the bottom line is concerned.
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post #38 of 50
Quote:
Originally Posted by grishkathefool View Post

Your math is flawed. Even the low State Min.Wage of $5.25/hour in Minnesota comes to $892.50/ month. Last time I checked 800 was bigger than 230.
Also, in America, you get overtime pay beyond 40 hours/week (except in special circumstances). This quote is from a BusinessWeek Article
Quote:
Pinning down what Chinese production workers are paid can be tricky. Based on Chinese government figures, the average manufacturing wage in China is 64 cents an hour, according to the U.S. Bureau of Labor Statistics and demographer Judith Banister of Javelin Investments, a consulting firm in Beijing. That rate assumes a 40-hour week. In fact, 60- to 100-hour weeks are common in China, meaning that the real manufacturing wage is far less. Based on his own calculations from plant inspections, the veteran compliance manager estimates that employees at garment, electronics, and other export factories typically work more than 80 hours a week and make only 42 cents an hour.
Relevant to the OP is the fact that copper costs rising approx. 7.5% would add REAL production costs increase to the product. However, if one looks at the profit margins of large tech companies that manufacture in Asian countries, I think one will find that there is plenty of fat on that cow. In other words, the rise in copper causing a rise in product cost to consumer is only present to protect profit margin, therefore protecting investors.

I cant stand this mentality. What happens when the recipient eventually cuts off the hands of the provider? Who provides then? Perhaps these corporations don't expand and sit on these "record profits" because they are forced to speculate on what sort of crippling government regulations and taxes will stifle their growth next. Everyone is so quick to class warfare though. I saw this thing on the news today that literally made me laugh out loud. It was talking about how oil companies are demonized and corporatist greedy and evil for sitting on so much money, but in FY2011, they made 40 billion in profits, while APPLE ALONE made almost twice that- yet Saint Steve Jobs was hailed after he died. Come one, open your eyes. Start thinking logically, not just what "feels good" because you're too lazy to start seizing opportunities for yourselves and shaping your own destinies.
post #39 of 50
GB said they would not raise prices, and that digitimes are incorrect
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post #40 of 50
Quote:
Originally Posted by guitarmageddon88 View Post

People get this warm fuzzy feeling that they're helping the world by instituting a state/national minimum wage but there are actually many unintended consequences to that. It artificially raises the cost of unskilled labor that in an otherwise free market, would be worth much less, (thus, giving an incentive to earn higher credentials and more pay). So now that I am an employer and am forced to inflate my wages because unions lobbied congress like they do, and my lowest of the low employee will now make 9 or 10 dollars an hour. What does that do to the rest of my budget for skilled labor? Then, your the evil corporatist villain demonized because you had to lay people off.
Why not make the minimum wage 10 dollars, 1 thousand, 10 thousand dollars an hour? What people don't realize is when you take natural free-market forces out of the picture and don't give it the ability to convey information it would normally convey to the employer/consumer/producer, EVERYTHING inflates. You think if you raise min. wage to 10 or 12 an hour, that many other costs such as wheat, milk, utilities, fuel, wouldn't proportionally raise? Whats the point then? Once you artificially prop up a market for so long, it eventually collapses (note 2007). If you don't do that, you never have to get to the point where the band aid needs to be ripped off, like we are about to go into very shortly in the US, and boy will it be painful for some folks. Remove minimum wage so the market can balance out, and return to its proper place.
And to the "184/mo income in china" comment.....you do realize that they dont have rabid inflation like we do right?Please watch this video. Milton Friedman has gotten it right before, and he has been right ever since. Educate yourselves.

This, 1000 times this.
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