How do we compete with this?
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From: Canton, MA
How do we compete with this?
Fascinating story on a Chinese company called BYD on CNN.com today:
http://money.cnn.com/2009/04/13/technology...rtune/index.htm
How does any company compete with someone who can hire an army of people for less than the cost of robots? Plus, look at the cost of his engineers.
http://money.cnn.com/2009/04/13/technology...rtune/index.htm
How does any company compete with someone who can hire an army of people for less than the cost of robots? Plus, look at the cost of his engineers.
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From: bolton
"They are the top of the top," he says. "They are very hard-working, and they can compete with anyone." BYD can afford to hire lots of them because their salaries are only about $600 to $700 a month; they also get subsidized housing in company-owned apartment complexes and low-cost meals in BYD canteens. "They're basically breathing, eating, thinking, and working at the company 24/7," says a U.S. executive who has studied BYD.
it's not much highger than that in India either.
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From: Covington WA, USA
Originally Posted by Legal Bill,Apr 13 2009, 09:41 AM
How does any company compete with someone who can hire an army of people for less than the cost of robots?
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From: Canton, MA
Originally Posted by mikegarrison,Apr 13 2009, 06:45 PM
Robots are expensive. Often it is cheaper to hire people than to install robots.
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From: Covington WA, USA
Perhaps you didn't read the article carefully. They noted that the cars were substantially lower in quality than their competitors (although also substantially lower in cost, too).
That's where the robots come in -- they tend to be more expensive but the standardization of the work tends to provide very high quality.
That's where the robots come in -- they tend to be more expensive but the standardization of the work tends to provide very high quality.
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From: Covington WA, USA
You mean the batteries they reverse-engineered from their leading competitors?
Maybe they reverse-engineered the fixed versions. Or maybe they spotted the problem and fixed it first. I don't know, it doesn't say.
Maybe they reverse-engineered the fixed versions. Or maybe they spotted the problem and fixed it first. I don't know, it doesn't say.
