Apple TNC Flashcards
Who
US transnational electric corporation
started 1976 BUT boom in 2000 with mobile phone
largets global brand by value ($145 bn)
98,000 full time employees
450 stores in 16 countresis (llo EU and Middle East)
2011, 44% sales USA, avg age bought= 31, 58%
graduates (HIC, Young, Educated)
BUT recent rapid grwth Asia, Chian market
incaresed by 600m ppl
Spatial geography - headquarters and employees
HQ= capertino California
silicon Valley
Most employees based US (highy
skilled)
Spatial geography - research and development
silicone valley
agglomeration since lots R and d
loacted together
* info exchange,
qualified experts)
EU HQ= Ireland
Spatial geography - production
Foxconn, Shenzen, China
40,000 emloyees
$100 monthly
WHY
-highly skilled, low wage
-companies compete for Appke manufacturing so force
dto lower costs
Shenzen Chines first and most succesful Special
Economic Zone SO attracts foreign firms and invetsmnet
Impact on Ireland r
EU HQ= Cork
Positives
-4000 workers
-2500 indirect iobs
- attract other high-end firms ( enhanced reputation area)
-highly skilled workforce
-60% employees Irish
-Cork now a diverse vibrant city
Negatives
-large proportion. workers foreign SO little work for local people
-tax avoidance
Irish corporation tax = 12.5% (low) so apple claim profits to pay lower tax rates
Impact on China
2006, 200,000 workers lived an
worked in Foxconn, working 60 hour
weeks earning $100 a month
2010, 50 workers poisoned by
chemical since poor vetialition
chis albour sinec cheaper
2010= 14 suicides
Impact on environment
Green Peace Criticism
- relaince on NOn renewables
-toxic chemical (PVC)
-pollutaion in wtaer supplies ( turns river white)
-lack recyclability
-2011 ranked 16th place (last) in Green electrionics
NOW
- 75% electricty renewables,
-remove PVC
-increase recycling
- 6th in Green Electronics
