Manufacturing – low cost back to high tech

Manufacturing – low cost back to high tech

Manufacturing – low cost back to high tech by Drizzt on December 1, 2012 There comes a point where even low cost workers become not as low cost any more. In such a situation, manufacturing have to move to lower cost countries. For companies like Singapore listed Micro Mech, the future seem to be advance automation. I see a lot of good in that if it happens, because to carry out on the flying prototyping and operation of these machinery, you need a certain level of technical competency, something which Singapore can provide. Singapore, a growing hot bed for Start ups may see in the next 10 years more IPOs like these. The heart of their argument is this: Through most of post–World War II history, the forces of globalization have made it harder and harder to keep manufacturing jobs in the United States. But the latest wave of technological innovation, communications systems, ...

Full article: http://thefinance.sg/2012/12/01/manufacturing-low-cost-ba...