How The Cellphone Market Is Transforming | CNBC Marathon

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CNBC Marathon explores how the cellphone market is transforming.
Made in China. It’s a common phrase known by many. Cellphones, TV screens and game consoles are just some of the millions of electronics manufactured and imported from China to the U.S. daily. China has controlled the smartphone manufacturing market for years. While some industries, like the semiconductor industry and the EV battery market, are scrambling to build new factories across the U.S., tech giants like Apple and Google are not making the same effort to do that. CNBC explores why tech giants produce phones abroad and whether it makes sense to move production to America.
Dumb phones, once considered outdated, are still prevalent around the world, making up about a quarter of mobile phones actively in use. While affordability in developing countries is a significant reason for their continued use, there could be an unexpected but potential rise in use among younger generations conscientious about the potential smart phones could have on mental health. While Nokia and Motorola are still some of the biggest dumb phone makers in the world, Punkt. and Light are two start-ups betting on the resurgence in popularity.
For years, BlackBerry was the most popular smartphone brand in the U.S. After failing to adjust to the rapidly-changing industry and falling to competitors like Apple and Google, the company pivoted to an entirely new direction. Now, it’s focused solely on software and cybersecurity - trying to leave the iconic cellphones in the past. CNBC visited BlackBerry's Autonomous Vehicle Innovation Center and interviewed CEO John Chen to see what the company is up to now.
Chapters:
00:00 - Introduction
00:40 - Why The U.S. Fell Behind In Phone Manufacturing (Published November 2022)
17:58 - The Rise Of Dumb Phones (Published March 2023)
35:16 - What Happened To BlackBerry? (Published November 2022)
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How The Cellphone Market Is Transforming | CNBC Marathon

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21 июн 2024

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Комментарии : 1,2 тыс.

@tamwilfred 11 месяцев назад

What Tim Cook tried to say is that China is no longer the cheapest labor cost location, but it's the cheapest skilled labor cost.

@MrMikeDao 11 месяцев назад

There aren’t many skilled and fast workers in the US without everyone trying have a subjective living wage. Amazon was probably the only company that can push workers to work their wage, but you know how that goes. Then you have the push for work life balance and in my experience it’s people asking for 20-30 hours and higher pay

@Montero_805 11 месяцев назад

Isn’t Mexico becoming a cheap labor of coast too? I’ve heard they might beat China🤷🏻‍♂️🤔

@moshpitsonly2778 11 месяцев назад

@@MrMikeDaoI worked at a hard working warehouse and now I work at Amazon and if this is what working your wage is geeez man these people are the laziest people on the planet

@AskMiko 11 месяцев назад

China also has more skilled labor to handle the parts, assembly, and design elements. U.S. could do the same, but the cost for education and training leads to free enterprise business model which big business doesn’t want to support. You learn the skill then go into business for yourself. Think of (for example) those kiosks and shops that can fix computers and cellphones. Even with the plethora of phones in use, there aren’t many repair shops because of the skill and education needed to know how to repair. People aren’t interested in learning how to do this as a massive shift in business.

@MrMikeDao 11 месяцев назад

@@moshpitsonly2778 yeah exactly they still can’t match output of China. There has been so many news stories and articles about how “Amazon workers are overworked.” You’ll be shocked at every other store in the US, this country has by far the laziest and the most money demanding workers. Even at my office, the foreigners tend to have better quality and faster outputs of problem solving skills.

@Go-Getter 11 месяцев назад

CNBC is the only network that can take a video that should be 10 minutes and make it an hour.

@jedensnow1084 11 месяцев назад

it's actually 3 videos in 1 so iono what you talking about.

@Go-Getter 11 месяцев назад

@@jedensnow1084 how don't you know what I'm talking about if you clearly see the title of the video and the length of the video? Genius

@darkbozo11 10 месяцев назад

@Go-Getter it's the complete opposite of fox... who bring out a million clips but saying noting

@yveeriksson7437 10 месяцев назад

I wish that was true.

@SweatyPotatoChip 10 месяцев назад

@@Go-Getterclearly we can all tell, you're the genius. It clearly states in the title, this is a marathon. Go back to school, and learn how to read.

@trigganometry168 11 месяцев назад

I took my young niece out for the day and she asked how I was able to drive without maps or navigation. The concept that I could remember roads, street, and freeways in such a vast world blew her mind. 😆

@HTHV01 11 месяцев назад

That's called human brain technology 😂

@brodriguez11000 11 месяцев назад

Secretly a test driver for AR technology.

@AdamSmith-gs2dv 11 месяцев назад

I understand not being able to navigate street names but people should be able to understand how the interstate and US route system works

@Joce123 11 месяцев назад

@@AdamSmith-gs2dvI was taught that you should always remember how to get home. You need to look around your surroundings your signs etc

@jmi5969 11 месяцев назад

Yes and no. Yes, I can drive my typical commute (120 km city to country) without any aids, although advance congestion warnings are a great help. But I cannot leave my city garage without an "app" (electronic gate) and I cannot enter my country "community" without an "app" (another electronic gate). The latter is required even for people on foot. Network down? DNS down? Battery low or software crash? bad luck.

@germancamacho3944 7 месяцев назад

I am 77 y/ o and I been usually smartphone for the last 12 years , I do my banking , send mess, FaceTime , take pictures , and everything that involved connectivity, lately I got into chat A.I. write letter of complain and instantly I got a response to how to direct my complain , so not all seniors are dumb Using my brains everyday has give me the opportunity to embrace with modern technology, being afraid to find out how thing work is like living in a cave, and I refuse to do that as long l’m breathing

@whitepanda95 4 месяца назад

Their content is for click baiting people into believing in the, dumb phone itself is useless term 😊

@RKELLY79 4 месяца назад

Proof read before you send message(s)

@mortysmith666 3 месяца назад

Have you tried a virtual reality device? What do you think about it?

@user-mx2hb9yh5r 2 месяца назад

You are my hero tbh my grandfather don't want know nothing about technology even young adults are afraid of the new tendencies.

@notaspectator Месяц назад

That is cool that you kept being curious and open minded. However, being in the know of all tech is not an indication of intelligence at all, its still a level of consumerism. I remind myself that too.

@monkeyguy80 11 месяцев назад

I still Missed the Ericsson and Nokia phones era back then.

@PrograError 11 месяцев назад

was on the tailend (late 90s baby), even had one of the last dumb smartphone of Nokia pre-MS takeover...

@Bryanbkk 10 месяцев назад

Fun times, but Nokia was more of a marketing company.

@nkgudih 10 месяцев назад

Ooh, the hot brick Motorola, and still kept my Siemens one.time moved. Fortunately, I never had a blackberry

@sunnydivino 10 месяцев назад

OMG I wish Sony Ericsson came back from the dead

@davidinwashington 4 месяца назад

You played Snake didn't you? 😀

@sunilnandan3611 11 месяцев назад

I was a supplier quality engineer for an electronics manufacturer in the US and we tried to switch our supplier base from China to the us when trump imposed new tax measures. The skill gap was very evident in key areas like machining and QC for the US suppliers. They almost always struggled in scaling, while our Chinese suppliers were adept at scaling the volumes. Long way to go....

@tmn8547 11 месяцев назад

Do you think it’s because some Americans (especially younger adults) look down on warehouse work so they aren’t as interested in learning as the older generations were?

@sunilnandan3611 11 месяцев назад

@@tmn8547 could be.. learning takes effort... I felt they didn't want to put in the work.

@codacreator6162 10 месяцев назад

Begins with a switch from educating for business to educating for creativity. No more doctors, lawyers, and “lucrative” career choices.

@stellac3047 10 месяцев назад

@@tmn8547maybe its bc they saw adults working in these jobs but still be tired, unhappy, and unfiulfilled.

@SharapovaFan 10 месяцев назад

Culture is too different. A typical Asian wouldn't shy away from having to go through the hoops and doing iterative work, which would be too menial, not to mention boring. Besides which, lots of high tech manufacturing requires teams of smart people working together. Smart people in the US I feel tend to be more isolated and don't play nice with others. It's a collectivist vs individualist thing that's evident in typical Asian vs Western culture. Haven't even talked about office culture yet. Another big thing the US really needs to overhaul is their higher education system. Higher education in the US is waaayyy too expensive. It'll hurt their plans in the long run to bring jobs back to America. Manufacturing the really valuable stuff requires upskilling across the board. You can't do that if the people working aren't good enough.

@User-uk6rk 4 месяца назад

@16:15 Isn't it hilariously suspicious that a man with *Chen* as a last name... and speaks with an accent... says basically DO NOT worry about China as a security threat to the US cellphone industry. 😂🤣😆

@TheAstroKidx 10 месяцев назад

It blew my mind how he found it difficult to type on a T9 layout. I remember reading texts in class and just looking away and texting under my desk without worrying it was the wrong word. The pure muscle memory of typing exactly the word I wanted and my actual phone knowing what word I would use. This guy really went back to look on a map before heading out found it difficult as well when I used Mapquest back in the day before heading anywhere. Or write it down or print it 🤣 y’all finally know the struggles we went through when smart phones weren’t at their peak yet.

@mediocreman2 9 месяцев назад

I wouldn't even call it a struggle. The fact that people are totally fine with huge companies knowing exactly where they are at all times boggles the mind. Not only that, but if people actually tracked where their phone was sending data, they would be amazed. I've blocked all of the system apps on my phone trying to talk to China.

@dianapennepacker6854 6 месяцев назад

I haven't tried using modern one handed typing. Yet I was quick with T9 by the end of it. I wonder if my muscle memory would come back if I tried today. I can't remember anything on it to be honest. I'd need a Nokia, and some buttons.. Different form. Different muscle. It is like phone numbers. Sometimes I can't remember a number until I go to type it. Crazy how humans are like that.

@MukiMuki688 11 месяцев назад

The auto industry is the best example of the "correct" use of levying tax on foreign companies. We imposed taxes on Toyota, Honda, Nissan, VW, BMW, and Mercedes for foreign made cars sold in the US. And these brands responded by building several auto plants here, thus simultaneously prevents bleeding of jobs in the US, while not impeding sales for those companies.

@Chad_Max 11 месяцев назад

They also ban Unions, so everyone wins...

@seanthe100 11 месяцев назад

The difference is cars are expensive so you can make up for it

@SunnynPhilly 11 месяцев назад

Kind of off topic, but it’s interesting to see brands like Mazda and Subaru grow market share in response to overpriced Toyotas/Hondas and 70k American Trucks. Seems kind of shortsighted for Chevy and Ford to just not compete in the affordable car segment ( Chrysler/ Ram is already gone, just subsidiaries of a company based in Amsterdam, the Netherlands 🇳🇱 ).

@havencat9337 10 месяцев назад

maybe EU and Japs shoudl also do the same with the Google/FB/Amazon? you're really thinking that this forceful taxes are fair?

@herta3286 7 месяцев назад

The main problem is US work ethics. I watched Gung Ho movie in the 80s and it more or less describe the challenges setting up a factory in the US. The ones TSMC is facing now is even worse, lacks of skilled labors

@ardentdfender4116 11 месяцев назад

My smart phone turns into a dumb phone once I walk in my door at home from work. I simply never look at it again until the next day when my walk up alarm goes off. Many people just don’t know how to not let smart phone runs their lives.

@user-yz2je5rp7r 11 месяцев назад

Nobody wants to be like you. Thank goodness

@DawnofRealms 7 месяцев назад

I get home from work after 2-3 weeks and shut the ringer off. I open in a few minutes a day to do the daily Pokemon minimum requirements and its off for another 23.5 hours. lol

@alecdacyczyn 11 месяцев назад

$1299 for a phone that is a inch thick and doesn't run Android. I'm not optimistic about their future.

@seanthe100 11 месяцев назад

Do you know how much the original cell phones cost?

@lefthanded5473 11 месяцев назад

@@seanthe100That’s irrelevant to now though.

@ronch550 11 месяцев назад

Yep. $1300? At a time when a pretty good smartphone costs a fraction of that? I think this dumb phone thing is just a fad. In today's world you really can't get far without the functionalities of a smartphone. You can buy a dumb phone but you'll probably have a smartphone or tablet lying around as well.

@privacyvalued4134 11 месяцев назад

It's a Thicc phone. But maybe the battery is replaceable? In general, I'd take a slightly thicker phone if the battery could be easily replaced. Android is certainly a better OS than that chonky looking OS.

@danielwako1177 10 месяцев назад

I don't understand their strategy like if someone wants a "dumb" phone can't they just by a cellphone which is like 50 dollars

@Sammy-db3xj 11 месяцев назад

The case for the dumb phone is silly. Just don’t download social media apps on your phone and you essentially have a much better “dumb” phone for your important apps. Like maps, messaging, notes, etc.

@StephenSmith304 11 месяцев назад

I could see wanting a dumb phone for privacy reasons, and there's no way to remove google play services from many phones. Many also have tons of preinstalled non-removable background services eating battery and collecting data. You can't get dumb phone battery life just by avoiding installing apps.

@jryde421 11 месяцев назад

Why pay 50+ for a smart phone to not download anything, when you can just a 25 dollar track phone.

@mateialexandrucoltoiu7207 11 месяцев назад

@@jryde421 I haven't seen a phone for 25 dollars with good coverage, good voice quality and reasonably shock and water resistance.

@jryde421 11 месяцев назад

@@mateialexandrucoltoiu7207 you must not know because for 25-30 dollars you can get a track phone that already has all that. Maybe you live around mountains

@Deksingburi 11 месяцев назад

Social media is great if you use it in a good way. I watch and read news on Facebook, RU-vid, and Threads. I also use other apps such as Google Maps, Google translate, camera, browsers, clock, notes, and calendar. If you need a dumb phone, clearly you’re dumb.

@ltlewis15 7 месяцев назад

Odd that Professor Chen doesn't know California grows both strawberries and tomatoes as he is a financial teacher. Agriculture is one of California's largest financial sectors.

@dunny2210 11 месяцев назад

It used to be a luxury to have a cellphone / smartphone. Now even the US government will provide you with one, if you can't afford one.

@brodriguez11000 11 месяцев назад

With internet access almost being a necessity, a phone is a cheap way of getting that to the majority.

@VallenChaosValiant 11 месяцев назад

Window cleaners in my area had to take a photo after their job is done and email it to their employer to prove that they did their job. You can't do basic jobs without a smartphone anymore.

@petesmitt 11 месяцев назад

@@VallenChaosValiant My driving job used 2 way radios to communicate with base but after the company realised that every employee had a mobile phone, they stopped fitting 2 way radios; trouble is, I refused to answer the phone when working and when my supervisor threatened me, the union got involved, telling management it's not the employees responsibility to provide a phone..

@user-hc5cg3jc3i 10 месяцев назад

because of made in China

@stevenorlikowski598 11 месяцев назад

The consumer electronics industry was never here? I fondly remember the RCA and Zenith console TV's of childhood, and my vintage Trans-Oceanic shortwave radio.

@BangkokZed 11 месяцев назад

Despite the fact that I am an old man who at first had a rotary phone, I find it absurd that anyone would choose to spend $400 on a dumbphone rather than buying a $200 smartphone and download a launcher like Olauncher to make the user experience simpler.

@Nabster869 10 месяцев назад

They are not all $400 and you can just use one you still have.

@davemacdonald1932 10 месяцев назад

So you're basically saying use a dumb app on your smart phone to dumb it down? 😅

@mediocreman2 9 месяцев назад

That's one way of saying you didn't even watch the video.

@wyntoncolter1067 11 месяцев назад

Seeing the evolution of smart phones and that push for mobile devices that are dumbed down as highlighted in this documentary was definitely interesting.

@brodriguez11000 11 месяцев назад

I can see that. Some older folks find smartphones too complicated.

@izaiahbrown992 11 месяцев назад

i’m

@DavidDiaz-zp4hu 11 месяцев назад

More like some older folks not too keen on their entire lives being spied on and tracked by the government.

@dieterappiah9314 5 месяцев назад

@@izaiahbrown992. J j j no. Jk o j j jk.😊kk jknoj ooooo

@the1rep 10 месяцев назад

Google bought Motorola for the patents. The patents were retained by Google. the Motorola name was sold to Lenovo.

@bhilgefort 3 месяца назад

I remember that. I commented on the raping of the American name and the cheapness of the products they would dish up they actually tried defending it with offering sub par chips and how they would make a “balance” in the community. Then shortly after they got caught signing security certificates just so they could push advertisements to you. Lenovo is pure trash and everyone should know it.

@charlemagnelosaria9184 8 месяцев назад

Script writer: 18:24 ".... has become a movement for the younger generation" Video intern: guess I'll insert this guy here

@JxcksonSF 11 месяцев назад

I understand the needs for those models shown in the video. But $300 dollars for a dumbphone is CRAZY CRAZY. For 150 bucks even a smartphone would offer more than you need.

@dianapennepacker6854 11 месяцев назад

Some people put their 1k phones to good use. Just not Apple phones do to software.

@brodriguez11000 11 месяцев назад

Depends upon one's needs. Smartphones are more than just a communications device, it's also their personal computer. One can even game on them. For all it's roles $300 is cheap.

@JxcksonSF 11 месяцев назад

@@brodriguez11000 im talking about the dumbphones costing 300$

@yengsabio5315 11 месяцев назад

Here in the Philippines, one can already buy a good, new Nokia polyphonic 'dumb' phone for only US$ 10 or a tad more.

@DamianBadalamenti 11 месяцев назад

Exactly, self control on a cheap smart phone would be a cheaper and more effective way to trim down usage

@daku911 11 месяцев назад

If manufactured in the good ol' USA, the cheapest useable smartphone would probably cost $2800 USD

@jarrodmagnusson4101 6 месяцев назад

not when robotics and AI do all the work without the use of a human.

@lordwiadro83 4 месяца назад

Yes, but it would last 10 years, not 2.

@frg8969 3 месяца назад

@@lordwiadro83 That's a legit point. There can be a $2800 phone durable for 10 years as an option. But unfortunately most people don't intent to use their phone for 10 years, and not able to pay $2800 for a phone as well. So USA can produce phones, but most US consumers can't afford them.

@partymarty6969 11 месяцев назад

i love my iPhone … its so great to have everything you need all in one device. I run my own business so having the ability to do everything with my phone is so efficient. with that being said, i think we are upgrading our phones way too much! I mean, I’m really doing a lot with my smartphone and I’m using an iPhone XR that I got almost 5 years ago. don’t buy into the belief that you need the latest smartphone.

@ronch550 11 месяцев назад

That's very true. I'm still sticking with my 40-month old Android phone that I got for about $220 in 2020, and still serves me very well to this day. I have no plans to replace it any time soon. I just don't see why I need to buy a new phone every 1-2 years.

@stevebabiak6997 9 месяцев назад

I am typing this on my iPhone 7. Close to a ten year old design.

@CompetitionSportsNetwork 5 месяцев назад

So if your battery dies, you can't run your business ?

@yblackfrost 11 месяцев назад

having a cellphone - and a smartphone if you can afford it- is the norm in Africa

@brodriguez11000 11 месяцев назад

Cellular infrastructure easier to build, and can potentially reach more.

@CHixon 11 месяцев назад

As a retiree, I switch to a flip phone last year. I'm going to return to a smart phone. The flip phone just doesn't cut it. It demands too much of my time to maintain messages and the screen isn't large enough. May particular phone was too low quality: the signal wouldn't hold.

@olivur_1459 11 месяцев назад

Take anything Tim Cook says with a glass of salt

@monachaalida-ul7nf 9 месяцев назад

@ARTOFBEATSANDSOUND 11 месяцев назад

They want to blame it on the skill but they didn’t invest in us as “we the people “ they wanted profit ! Come on people wake up this system don’t care about you

@davidinwashington 4 месяца назад

I remember feeling like hot stuff when my company gave me a BlackBerry. Now, I want to throw my phone across the room multiple times per day.

@standardannonymousguy 11 месяцев назад

E-Ink as a screen option is a fundamental difference compared to typical LCD screens of smartphones. The screen is what drains the battery of typical LCD phones the most. E-Ink is not artificial light, so there is a huge difference and it is honestly very comfortable. People can have an LCD phone for at home to watch videos, but during the work day, an E-Ink screen for internet, email, talk and text is fully sufficient. Other advantages of E-Ink devices are that they are inherently more lightweight, so less of a burden to carry around all day. Our excellent and high quality smartphones with LCD screens are very impressive and great for video and for photography, but during the work day might be actually more than what we would need. At the very least, E-Ink technology is an emerging avenue of technology worthy of consideration. The Hisense A9 is impressive but not so easy to install Google products and also for talk/text. It feels like many E-Ink device makers are experimenting with how they want to make the products. Lastly, LCD or OLED screens can be bright and tiring for our eyes, a neutral E -Ink screen takes a moment to get used to, but is much softer on the experience and should be explored.

@mateialexandrucoltoiu7207 11 месяцев назад

At the price devices with e-ink are sold, I don't see them becoming anything more than a niche product.

@wangyaohan8824 11 месяцев назад

I don't know the exact state of eink for now, but the refresh rate is slow, the colors are limited, and the pixels are big.

@marcellachine5718 7 месяцев назад

You forget that for many people, their smartphone is also their tv, computer, and more.

@davidinwashington 4 месяца назад

Metro Transit in Seattle has been installing e-ink arrival time displays at bus stops. I'm guessing because they can be powered continuously with a small solar panel and battery mounted on top of the bus shelter. I thought it was an interesting application of the technology.

@Juhsentuh 11 месяцев назад

Um guys, you can have a smartphone without using social media. A smart phone is completely capable of that. I know.. and guess what I don’t play games on my smartphone either. Go figure.

@revistadearmas 11 месяцев назад

I'm ready to ditch the phone and wear an apple Vision Pro And ignore humans around me 😂

@Raging_Red_Bulls 11 месяцев назад

Remember it’s 3,500 $😂

@Sean-hp1uo 11 месяцев назад

That’s what there banking on. That’s the embodiment of the matrix.

@NeoShameMan 11 месяцев назад

Abandon humanity return to virtual

@eduardopaz7661 11 месяцев назад

Bro as much as I’d like to tune out other humans too. That’s not gonna work bro. We’re societal creatures fam. It’s engrained in out evolution. We have to reject too much technology because it’s used as a tool to enslave us bruh.

@PWingert1966 11 месяцев назад

I cant wait for the interactive kitten videos. It will be so cool with VR going person to kitten.

@floief 7 месяцев назад

Found this very interesting. I'm part of older folks who have a smart phone but....I keep that phone for nearly a decade before I get a new one and only carry it when I'm out of the house (about 2 times a month)

@thattannerguy856 11 месяцев назад

Most smartphones have an "easy" mode which strips down a lot of options and functions but still allows for all the functionality of a smartphone. This might be the better way to go for a lot of people. You can put it back into regular mode if you find yourself needing something that's not available on easy mode when you need to

@dark12ain 11 месяцев назад

Yeah folks don't even know most things about their phones, witch is why I find it funny people want dumb phones when the smart phones have features to go dumb 😅

@mmss3199 10 месяцев назад

@@dark12ain those features are weak and can easily be undone. those of us with stronger addictions need stronger barriers

@dark12ain 10 месяцев назад

@@mmss3199 I'm sure there's an app for that

@BeyondTomorrowNow 10 месяцев назад

the branding and marketing around the phones has never been "minimal" so just clicking a switch isn't effective. especially when a users relationship with that device has been addition, they need a new device

@nnnnnn3647 10 месяцев назад

The problem is that in the US young people do not want to work and learn. This is going to deepen because in a few years white people will be minorities. The more colors, the more poverty.

@theotheleo6830 10 месяцев назад

The specs for Purism's latest phone are equivalent to the cheap low-end phones that major carriers give away to new customers, but Purism's phone is $1,300. The company's sole marketing strategy is appealing to those who are abnormally concerned about being surveilled. What are the end users doing with their phones that makes them so paranoid? This reminds me of an expensive smartphone that was marketed as being 100% encrypted, claiming that conversations and texts were indecipherably scrambled. Thus, drug dealers were the main buyers. It turned out that the seller was actually a federal law enforcement agency, and they were able to gather evidence by recording all of the drug dealers' transactions.

@Effervescent_Smegma 7 месяцев назад

Defense contractors and their companies is probably their main customer base. Also military service members with top secret clearance. That's practically the only clientele that can afford those phones and have very specific requirements as to sourcing hardware.

@cosminmorga1331 5 месяцев назад

Thanks for the video

@DerrickBest 8 месяцев назад

4:30 say it again Tim for those in the back. Manufacturing isn't leaving China anytime soon.

@titob.yotokojr.9337 11 месяцев назад

My dear Professor Chen, as far as security risk is concerned, it is not the same thing eating tomatoes and strawberries grown in China as using smartphones made in China.

@aakarkale1476 11 месяцев назад

1300$ for that brick!!!????? I went on their website, their order page is not loading!!! Manufacturing is never coming back to the US ever!

@stevenlouie6922 4 месяца назад

we need phones made in America. I wouldn't want government employees with phones made in China. that niche market of Military, FBI and other government employee is good enough to keep a company profitable, partly because the government is willing to pay many times more for the security.

@amelliamendel2227 6 месяцев назад

Lol, no way I would want to sit in one spot all day putting a part in a slot, how soul crushing that would be.

@ScrapKing73 6 месяцев назад

I have a smartphone, but I swore off social media many years ago. So I use my smartphone as a phone, as a web browser, and for select apps (such as an app to tweak setting on my e-bike). I’ve been ale to control it, rather than it controlling me, so a feature phone doesn’t appeal to me.

@letsinvest1476 11 месяцев назад

Excellent point, machine to machine, cost should be equal except the cost per hour of the required human workers which can be offset by transport and delay cost.

@EminMastizada 2 месяца назад

Machine to machine is also not equal. Machine parts, maintenance and electricity costs are different

@DavidAlsh 11 месяцев назад

For me, the thing that will convince me to buy a new flagship phone is when I can plug mine into a usb-c dock and power a monitor, keyboard and mouse running (root) Linux or MacOS. Until then, it's refurbished mid range handsets for me

@deafomega 11 месяцев назад

Like Samsung Dex? Cuz it already does all of that

@DavidAlsh 11 месяцев назад

@@deafomega I think Dex is just an Android desktop and you can't run, say, pure Fedora Linux or something - right? Otherwise that will be my next phone

@patrikcath1025 4 месяца назад

You know, I feel like if you want to take a break from social media but you can't without physically losing access to it, the phone isn't actually the problem.

@filipinobackpacker6040 10 месяцев назад

Oh it's not just me then! I revived my Nokia e72 and Nokia 8250 and im using it regularly. My wife has the motorola razr flipphone back in the day.

@JasonK.-cy2tl Месяц назад

CNBC is making some of the best stuff on YT.

@doomtomb3 11 месяцев назад

Chicken and egg problem. There are parts of the US that need manufacturing to thrive like Appalachia for instance, all coal miners that could be re-skilled to do manufacturing. Michigan's auto workforce could also do the task. There's like very little imagination or incentive to do the whole thing here but everything you need could be made in America.

@JJJohnson441 11 месяцев назад

Too bad most people there prefer to do drugs. That's a fact.

@Sacto1654 11 месяцев назад

All we need are major tax law changes that would actually _encourage_ manufacturing in the USA. That's why I've always been a big fan of really radical tax reforms like going to a circa 17% flat tax rate with no exemptions or deductions except for a initial personal or corporate exemption amount. Corporations would strongly welcome a far simplified tax system because it would save them billions in compliance costs.

@ocampbell1954 11 месяцев назад

Manufacturing is never coming back to America. Countries like China doesn't have the red tape, stupid unions, etc like we do in the United States and labor is much cheaper. There are jobs out there and there will be jobs when AI comes it's just too many Americans are unskilled to do these jobs in these STEM fields. There will be lots of tech jobs.

@Sacto1654 11 месяцев назад

@@ocampbell1954 I completely disagree. A huge factor in jobs leaving the USA was the complex tax system that actually discouraged job creating in the USA. Besides, with transportation costs going up and up, there is now less incentive to operate factories in China.

@kaustubhraizada 11 месяцев назад

@@Sacto1654 its not coming back to Usa , although india tried to woo chinas manufactures but it shifting to Vietnam

@SuSmallville 10 месяцев назад

Austin Powers looking at Anna-Katrina in the face : "Moley, Moley, Moley"

@heatherarmstrong6862 5 месяцев назад

The cell phones nowadays is the computer in the palm of your hand

@----------------------------- 11 месяцев назад

People buying dumb phones when the easiest solution is in front of them. Delete your social media accounts, thats how you can fix your mental health.

@LeniBats Месяц назад

Phone manufacturers have deals with social media platforms and alot of smartphones come with the social media apps preloaded with no way to delete them from the device, you can only disable them. The fact remains that the apps are still on the device taking up space that could be used for something more productive.

@ellicesanchez3194 11 месяцев назад

I kept my button-based phone until 2016 or 2017. The only reason I switched was by then, there were no button phones for sale. I then tried a Windows phone, and liked that and stuck with that until Dec 2018-ish. I had to switch because my car's blue tooth would not sync with a "non-popular" phone brand. I'd get a Windows phone again if it would be compatible.

@armuk 8 месяцев назад

Windows phone is dead, microsoft has officially discontinued it

@gj8683 10 месяцев назад

Funny that guy getting jittery about actually talking to his date over the phone.

@jackcloud8547 6 месяцев назад

OMG!! If it wasn't this video, I wouldn't know there's a smartphone made in the U.S

@ltkwok 11 месяцев назад

I have a friend who use to have factories in China. He has moved 75% of his operations out of China because the labor cost in China has become too high. He keeps the 25% in China because of their expertise in design, chemistry & other science parts of his he business.

@alicemendoza5269 11 месяцев назад

Several signs, including market declines, surging inflation, big Fed interest rate increases, and rising treasury yields, point to an increase in portfolio losses this quarter. In today's unstable market, how can I make money? I'm still pondering selling my million-dollar bond and equity holdings.

@patrickperez7387 11 месяцев назад

Even in the midst of this whirlwind, there are chances to be had, thus a rise in volatility isn't always a bad thing. You can rebalance your portfolio thanks to volatility. The best course of action is to hire a financial advisor to help you along the way.

@Igorstravinsky788 11 месяцев назад

As a result, I prefer to delegate my daily market decisions to a portfolio manager. Their entire skill set is geared on simultaneously taking long and short positions, taking advantage of risk to benefit from its asymmetric upside, and eliminating risk out of the equation to defend against the inevitable downturn turns. I've been working with a portfolio coach for over two years and have made over one million and five hundred and seventy thousand dollars.

@godof-ou1dw 11 месяцев назад

@@Igorstravinsky788 I'm delighted I found this conversation. Could you please provide your investment advisor with your contact information? I'm in serious need of one.

@Igorstravinsky788 11 месяцев назад

@@godof-ou1dw You can find my investment advisor Ruth Loralann Brennan, by entering her name into Google. Many people love and are familiar with her.

@AustinReid09 11 месяцев назад

@@Igorstravinsky788 I'm delighted I found this topic; I searched up Ruth's full name and found her website; her credentials and testimony appear to be strong, and there are positive reviews; I immediately sent her a note. It means a lot to me.

@Continentalmunkey88 6 месяцев назад

Irrespective of high frequency apple products, Cadillac aspect is cornerstone within annual frequency and shipping is cornerstone within generational frequency

@qbtc 8 месяцев назад

I use a smart phone but don't use any of the social media apps like FB, IG, TT, etc. I don't ever see a day of going back to a basic phone.

@Alex-zc8ds 11 месяцев назад

china not only have skilled workers but the whole manufacturing supply chain and infrastructures to support these manufacturing,their logistics is super fast than any other countries.and most graduates are professionals you can see most of their engineers and scientist are mostly young generations.

@andresmattos7541 11 месяцев назад

So you love and support a communist country?

@dantas4409 11 месяцев назад

More videos in this formate

@stephaniegiorlando279 10 месяцев назад

What impressive young people this piece had commenting on this topic...!

@dannyg3329 6 месяцев назад

The idea of the “weekend” phone sounds romantic

@frankcheung99 11 месяцев назад

The cost to assemble an iPhone is about $12, adding the air freight, the total cost will be a few dollars less than assembled in the USA...

@CompetitionSportsNetwork 5 месяцев назад

That is not true at all, holy crap where do you get this info from? The real number is closer to $500 actually. It takes about 24 hours to make one iPhone, do your homework before you comment because $12 is way off.

@frankcheung99 5 месяцев назад

You confuse between manufacture and assemble. Assemble means the cost to put the parts together, including the labor cost

@JShelby 10 месяцев назад

The 2012 Google-Motorola failure is because the iPhone was coming off of the exclusive AT&T contract, and nobody was gonna buy another Moto phone. 2012 also marks the beginning of the end for Blackberry (loved my Blackberry.) Google-Motorola just hit at the wrong time. They knocked it out of the park with the pixel, though I still love my iPhone.

@mediocreman2 9 месяцев назад

Google gave up way too soon. 1 year is not enough time to change anything.

@Effervescent_Smegma 7 месяцев назад

Everything that wasn't an IPhone or copycat failed.

@lighttheoryllc4337 11 месяцев назад

Joe Hollier of Light Phone needs a Barbershop ASAP Bro😅😅

@windyhawthorn7387 5 месяцев назад

What I realized is that I don't use my phone for gps navigation. Wait for it... I use a map. Now I have also used the online maps as well as paper maps. I like making my own decisions about travel and some places its easier to come one direction instead of choosing the road well traveled. For example I always go to my local grocery store from matador street instead of barrel street because it's safer. But the store is on Barrel street the road behind it is Matador.

@juliuscaesart 10 месяцев назад

I miss the days remembering friends numbers and using maps

@CompetitionSportsNetwork 5 месяцев назад

Umm, you can still do that, no one is stopping you except you so blame the loss on yourself.

@jswats92 11 месяцев назад

The manufacturing should be moved to Latin America. That way you improve supply chain issue is to bring it closer to the USA and also improve the quality of life in South America (reducing the immigration from there to here improving USA quality of life as well) Tim Cook is right that the expertise is in China but that wasn’t the case in the 70/80s when China was truly a poor third world country

@PWingert1966 11 месяцев назад

and you can have roast Capybara at restaurants!

@jlin7724 11 месяцев назад

It could be anywhere. You are right. China just had the right conditions being close to Japan, Korea, and Taiwan as well. It wasn’t only the US investing improving their skill set and conditions. A majority of Apples manufacturers are actually Taiwanese companies: Foxconn, Pegatron, and Wistron.

@tenslider6722 11 месяцев назад

China attempted to fund and construct a port in the Dominican Republic, aiming to establish manufacturing facilities in America's backyard. The strategic goal was to reduce shipping times by having a convenient location in the region. However, the United States expressed concerns over China's increasing influence in the area and opposed the development of the port.

@jedensnow1084 11 месяцев назад

That sounds great but the biggest problem is the drug cartels down there. If there was a way to get rid of the drug cartels companies would actually want to put factories there.

@AskMiko 11 месяцев назад

@@jedensnow1084Agree… some of it exists in the U.S. too - the customs workers deal with it a lot when importing goods.

@SuperGreatSphinx 10 месяцев назад

How does a person make contact with a mobile phone operator (wireless provider) in order to sign up for (purchase) a cellphone plan and start an account, if they do not have a phone?

@Walden.W 11 месяцев назад

Good on that guy for buying Pup’s The Dream is Over to listen to on his light phone. 🤟

@mack-uv6gn 11 месяцев назад

We don’t want to manufacture here is what Tim is saying.

@AskMiko 11 месяцев назад

To set it up would take years, moving operations to U.S. takes longer so there’s a 5-8 year investment to make this happen while you parallel manage existing manufacturing. All for what? For the skilled labor you train to quit and start their own version of repair shops or parts availability? There are some risks, I just think Apple hasn’t found a reason to do this as a costs savings measure. They transfer the cost to the consumer so happily pays for it.

@mack-uv6gn 11 месяцев назад

@@AskMiko isn’t that’s what’s going in China? There are Chinese knockoffs everywhere in China. 🤦🏻‍♂️

@metalhead2550 11 месяцев назад

$2k for an amateur looking cellphone!? Yeah...no. Only DoD will be purchasing those

@rozanmiguelpereira9561 9 месяцев назад

O futuro na palma da mão

@fonzie886 9 месяцев назад

The light phone. I should try that!

@Slide61 7 месяцев назад

What I find fascinating is how a country once so dominate in technology manufacturing wholesale exported that capability to Asia effectively dumbing itself down. Remember all the clean rooms in silicon Valley? HP used to make its computers here. Asia could not have developed the capability without techs search for skilled low cost labor.

@grocerygrip 10 месяцев назад

This is a touchy subject that a LOT of folks are going to disagree with me on. When you send such complex manufacturing to these small towns that don't have the educational/technical prowess, and do it in areas of America that have lower cost of living, then YES, finding those "skilled" laborers over the long-term will be a challenge. Skilled workers can move, which in time will raise the cost of living due to their skill to do this. Or place the manufacturing in areas that have the skilled workers to do this. But then again there's another problem. Sadly the urban, HYPER expensive areas of America can ONLY satisfy this. For the sake of national security, the US gov't will have to subsidize these already SUPER profitable companies to entice them to do this. Capitalism doesn't ALWAYS equal Patriotism.

@JasonTaylor-po5xc 9 месяцев назад

Yeah, an economic system and love for one's country are completely different concepts. There are a number of ways to address issues, one is to have dis-incentives (tariffs) on goods not made with free trade partners. I suppose it is a modern fad to crap on Capitalism, although it is the system that has lead to the most wealth, strong middle class and an elevated poor relative to other places in the world. While it isn't perfect, it is a heck of a lot better than anything else that has been tried.

@Robert-ug5hx 11 месяцев назад

I was forced to get a smartphone to get in a event it was the only option for entry, still use a basic flip for daily use

@ScrapKing73 6 месяцев назад

Wow, I miss T9 typing. I got really good at it back in the day! I don’t think the presenter would find texting significantly less efficient once he masters it.

@firojmnalam6121 8 месяцев назад

Before the invention of printing press, humans wrote their messages with their hand. But in 1450, Johannes Guttenberg FIROZ made it possible to communicate with many people at the same time by his invention of the printing press. Now more books began to be printed in less time. Since then millions of books, magazines and newspapers are printed every year. All these are communications which enabled people to communicate with each other. 👍👍👍👍👍

@NotYoAverage0 11 месяцев назад

No lie, I had a dream of playing a FPS game on my low cost phone last night with the gyroscope function working! I've seen somewhere that it's impossible to dream about using a phone.

@renee7528 5 месяцев назад

My town has so many assemble jobs, and they make good money.

@user-rg6gk2ez9n 11 месяцев назад

US can move their companies manufactures back but they loose a world market in that case because price rise up and amount of products will be lower than in Asia region

@uis246 10 месяцев назад

It's not cost of labour, it's greed of corporations

@anthonyraitani 2 месяца назад

You should try to start your own Company with a new product you've designed and then manufacturer 100% of it here and stay profitable after 3 years or even avoid bankruptcy. Good luck!

@halfsourlizard9319 8 месяцев назад

That Chris Titus cameo though...

@aranperumal 10 месяцев назад

I love my Motorola phone so much!

@jasonchen-alienroid 11 месяцев назад

As a data point, in engineering, there's a saying in Taiwan "US invents the product, Japanese perfects the product (in terms of quality), Taiwan (or South Korea) makes it economical. By the time China can manufacture, it's time to get out." If moving manufacturing away from China makes sense, the first logical place to move to is Taiwan (or South Korea). Except you don't see we moving manufacturing back to Taiwan nor South Korea, simply due to it's NOT economical. I worked for a Taiwanese ODM 20 years ago and they don't even manufacture in Taiwan anymore. The monthly output was 400k laptops/month 20 years ago. There's no way for Librem to scale manufacturing in the US. One last thing, besides extreme precise manufacturing (like semiconductor), US manufacturing was neither high quality (vs Japanese/Germen) nor economical (vs Taiwan/South Korea).

@minjaekim6712 11 месяцев назад

It's fascinating to witness the transformation of the cellphone market. The constant innovation and technological advancements are making communication more accessible and convenient for people worldwide. Kudos to the industry for driving positive change and enhancing connectivity in our lives.

@Matt-rw9py 10 месяцев назад

Blah blah blah srele morele

@Failzoid 10 месяцев назад

So which manufacturer do you work for?

@bogdan78pop 7 месяцев назад

OMG , another kid who was born yesterday...!!!!!!!!!!!!!

@Euphorica 6 месяцев назад

What innovation ?

@chion918 6 месяцев назад

lol, the industry as a whole - at corporate level was compensated very well for their "innovation" - many young people in China had to leave their home , live in a factory , and repeating mundane tasks day after day for low wages. this alone, i don't think any where America (at least north side) can compete or even regulated.

@mysticcity312 Месяц назад

Wauw, just, amazing 💫

@user-bx6iv9ws3x 9 месяцев назад

С удовольствием смотрю ваши ролики

@PaulADAigle 11 месяцев назад

I'm guessing the cost of living in China is also much lower so that

@RoGamg 9 месяцев назад

cnbc is so cool; it provided me the material i always wanted; i love you cnbc

@yeahman1756 11 месяцев назад

Overall the Liability cost is very low and Efficiency Profitability is very high .. that's why lots of business choice was china to manufacture their products. In the US the liability is VERY high to the point where a manufacture company cannot survive. It'll die out before it will even start to make the first product. Those who has not started a business will not understand the stress just to stay afloat. Everybody wants to fawking rob you. from the people who works for you to the government. The country is built with so much hatred, jealously and greed that others can't not wait to see you comfortable and will just simply destroy you just to be as miserable as them.

@g.4279 8 месяцев назад

There is tons of electronics manufacturing in the US. However, it is majority defense contractors. If you are worried about labor, starting a company in an aerospace hub like Denver, Huntsville, or Phoenix would give you plenty of talent.

@Pivit3119 5 месяцев назад

Why do people think that we believe anything they say. YES WE CAN!!!❤

@cordencrypto6017 11 месяцев назад

I strongly advice everyone to own a Tech stock before it gets late, It's Crystal Clear Techs are the future, Everyone can clearly see what's going on in Web 3.0

@caseywarren5708 11 месяцев назад

Honestly i strongly want to get one but i can't lie i don't how which to get do you maybe have a recommendation?

@kyleholt4192 11 месяцев назад

Truth be told I feel right now everyone should take a break from trading the market is getting worst by the day. We are all been controlled to invest in unreal things

@cordencrypto6017 11 месяцев назад

@@kyleholt4192 Honestly I let my personal trader Camille Anne Hector to carry out her research then I let her lead the way by carrying out trading activities and maximize great profit on my behalf

@caseywarren5708 11 месяцев назад

That's amazing really most times i wish i got in contact with the stock market early i would've gotten a personal trader also now all i finds here on the net Is just false individuals claiming to be traders.

@rineleff2009 11 месяцев назад

Wow This is really mind blowing, I never thought i would ever come across someone who also knows and works with Mrs Camille Anne Hector, She is my personal trader and i have been working with her for about two years now and i can say she is the greatest gift i ever got.

@___beyondhorizon4664 11 месяцев назад

In China, regardless of any industry or product, the eco systems build around it is just un matchable. In Guangzhou,if i want to buy a phone or fix it, just go to 1 neighborhood and everything i needed will be there on a 6 story building. The same for cameras, fabrics, fake designers bags, even fresh flowers, seafood etc, just spent all day to browse endless choices with free tea 😅 I totally agree with the dumb phone idea and i have been living it for a year. I turned off my Samsung phone when i don't need it, use my basic cheap phone 90% of the time.

@mikeydude750 11 месяцев назад

Yeah America absolutely cannot replicate the supply chains that China has excelled at. We lack the talent pool, we lack the expertise in scaling up these operations to mass quantity entirely. Forget talking about fabs or w/e, basic electronics assembly outside a few niches (like defense contracts) is simply not something America is able to do at this point.

@Zedris 10 месяцев назад

How was this a 50 minute video watching someone struggle to learn typing on a phone or using maps before he left the house…

@mattbrown5949 6 месяцев назад

Good reporting

@sidneyboo9704 11 месяцев назад

I want more dumb phones. I want my kids to just be able to call and not the social media crap.

@ScrapKing73 11 месяцев назад

I believe the Apple CEO is incorrect, in the early days of consumer electronics a lot of it was made in the US (and other wealthy countries) from what I understand. A lot of early companies were based in the US and Canada, and a lot of chip fabrication and/or device assembly occurred here too.

@ronch550 11 месяцев назад

Same thoughts. Back in the 1940s to around the 70s a lot of tech were made in the USA.

@ScrapKing73 11 месяцев назад

@@ronch550 Yeah, the Commodore 64 (still the best-selling single model of computer of all time) was assembled in Canada, the US, Germany, etc., and that was in the '80s.

@lunarthief6501 11 месяцев назад

Pcb and semiconductor manufacturing is hard in the united states. Environmental impact and water consumption are two big factors.

@samielkhayri9272 6 месяцев назад

Little known fact, the name of Apple CEO is Tim Apple, not Tim Cook. 😂

@bobchannell3553 10 месяцев назад

When I was in high school, one of my teachers told me jobs were being off shored because American workers were less educated and more expensive than Asian workers. Well that's not exactly what he said. He said American workers were dumber and more expensive than Asian workers. That's why we could all expect to take service sector jobs when we got out of high school, rather than better paying manufacturing jobs.

@stevebabiak6997 9 месяцев назад

And COVID lockdowns showed businesses that many jobs could still be performed by remote workers. This implies that at some point in the future those types of jobs could all be outsourced overseas where labor costs are lower, thus saving money for the business (and raising profits or lowering costs to customers).