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China, Korea instability may make 2014 the year tech stands still

From ZDNet

“We live in an extremely fragile world. One in which, as consumers of all forms of technology, we have become extremely dependent on the wellbeing of two economic and industrial powerhouses in Asia: China and South Korea.

The People's Republic of China represents the largest contract manufacturer of consumer electronics as well as business and enterprise computer equipment in the world.

Many of you are familiar with Hon Hai Precision Industry Co, also known as Foxconn. In its 13 factories located in nine Chinese cities, the manufacturing giant performs final assembly of Apple's iPhone and iPad, not to mention a huge pipeline of products from many other OEMs, including IBM and HP, as well as game consoles made by Microsoft, Sony and Nintendo.

There are many other clients that Foxconn has that are too numerous to mention.

And Foxconn is just one manufacturer based in China. There are quite a few significant others, including TSMC, a Taiwanese firm that is the largest independent manufacturer of computer chips in the world.”

Read more at ZDNet


NCC Weekly News Update 8 April 2013

 

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