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A Why is the manufacturing of flat panel TV's migrating to different locations around the world?
Due to high competition in the market the price fallen dramatically so the company's must have to find the way to cut down the cost of production. That could be the reason of manufacturing of flat panel TV's migrating to different locations around the world.
In the case vizio did the same they manufactured different parts in different countries of the world and assembled in Mexico. Vizio's managers continually search for the cheapest manufacturers of flat panel displays and electronic components around the globe and they found the developing countries good for their company in terms of wages of labor, and they move to the developing countries because the labor wages are lower than the US which helps them to reduce the cost of the products and make more profit and stay alive in the market.
B Who benefits from the globalization of the flat panel display industry? Who are the losers?
As the production of flat panel displays migrates its way around the globe to low cost location, there are clear winners and losers.
Winner or those who benefits from the globalization of the flat panel display industry
1 Vizio company itself
Due to high competition in the market the price fallen dramatically so the company's must have to find the way to cut down the cost of production. That could be the reason of manufacturing of flat panel TV's migrating to different locations around the world.
In the case vizio did the same they manufactured different parts in different countries of the world and assembled in Mexico. Vizio's managers continually search for the cheapest manufacturers of flat panel displays and electronic components around the globe and they found the developing countries good for their company in terms of wages of labor, and they move to the developing countries because the labor wages are lower than the US which helps them to reduce the cost of the products and make more profit and stay alive in the market.
B Who benefits from the globalization of the flat panel display industry? Who are the losers?
As the production of flat panel displays migrates its way around the globe to low cost location, there are clear winners and losers.
Winner or those who benefits from the globalization of the flat panel display industry
1 Vizio company itself