Dear Mr. Trump, About Those U.S. IPhones

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    By Tim Culpan

    Dear Mr. Trump,

    You don't know me but I'm Terry Gou, the man who makes your iPhone.

    Let me start by congratulating you on the election. Your victory made me consider running for office myself. Next time you talk with the president of Taiwan, it might be me on the other end of the line.

    We have a lot in common, you and I. We're both billionaires (although I am richer), we both like to build things, we're both married to gorgeous younger women, and we both hate Wall Street.

    I know that you've been telling your constituents that you're going to create a lot of jobs, so I want to give you some advice. First, you don't actually have to create any jobs, you just have to make people think you're going to create them. I am sure you're familiar with the concept.

    Actually, I can help you with that. If you look at Brazil, Indonesia, India and half a dozen Chinese provinces, you'll see that my work speaks for itself.

    Take Indonesia, one of my proudest achievements. Oh no, I haven't built a single iPhone there and probably never will. During closed-door discussions, they allowed themselves to believe I might invest $10 billion in a mobile-phone factory. It's not my fault some over-eager politician, keen to burnish his reputation as a can-do leader, blabbed to the media.

    Hon Hai's revenue from Apple last year

    $75.3 billion

    All I need to do is lay out my demands and watch while the bureaucrats and politicians argue about whether they can afford to have me or risk falling short on a campaign pledge.

    So that's where you and I need to talk. I hear you've been telling people you're going to get Apple to build stuff in America. Well, you see, Tim Cook doesn't build things, I do. In fact, I got $75 billion in revenue from them last year.
    Big Apple
    Foxconn's Hon Hai unit got more than $75 billion in sales from its biggest client last year

    I am a doer, Mr. Trump. I get things done. When Apple told me to start making iPhones in Brazil to get around import tariffs, I made it happen. It didn't create much employment, mind you, because I just exported pre-fabricated iPhones for the locals to slot together -- kind of like Lego -- but it got the job done. And by job, I mean kept Apple's and Brazil's leaders happy. And who do you think paid for it? Not me.

    If you want iPhones to be made in America, I can make that happen, too. Heck, I can set up a production line in Trump Towers if you like, but the costs will be yuuuge. I have to cover my expenses, which include factories, labor and transport. You see, I don't manufacture in China just because it's cheaper, but because thousands of suppliers are there, within spitting distance of my factories and the one million people I employ during peak season.
    Belabor the Point

    I can deploy more robots in the U.S., sure, but it can take months to train them whereas humans can be taught in a few hours. Besides, more robots means fewer jobs.

    Bumping up your import tariffs won't change the equation much, but give me tax breaks, subsidies to hire workers, cheap electricity and free land, and I'm sure we can come to some arrangement. Let me know what numbers you want to Tweet, and I've got your back.

    But just remember: Like that wall you're planning to build, somebody's going to have to pay. And it won't be me, let me tell you.

    Best,
    Terry Gou
    Chairman, Foxconn Technology Group.

    This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Tim Culpan in Taipei at tculpan1@bloomberg.net

    To contact the editor responsible for this story:
    Katrina Nicholas at knicholas2@bloomberg.net

    2 likes
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    "We're both billionaires (although I am richer)"

    Mega greed is definately the one and only bogyman on the planet and therefore responsible for most of the planets direst problems today (excluding the religion thingo).

    1 like
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    What cool applications do you know for iPhone, or MacBook, I really liked their ecosystem and how the devices are connected with each other, but it seems to me that it can be done even cooler, what applications would you recommend for this?

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    I am a designer and I work on the Internet, sometimes I do designs for websites and other things. Often I have to work with colors and I had to manually translate colors into codes and this took a lot of time considering everything as a whole. But a work colleague recommended me an app that makes my job easier,Sketch Export for Xcode. It allows you to drag and drop any color directly into the code to speed up work like mine.

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