I’m rich! not really…

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A few months ago, I bought myself a Samsung S3 because I was fed up with my candy phone – it was slow as hell. Before the S3, I use phones simply for calls and texts only. But now, I find it very useful. It’s easier now to keep track of the things I’m doing. I’m now easily updated with recent events. Playing games has never been the same for me. *Insert more satisfactory statements of all the other amazing-but-not-really-that-useful smart phone features here* This phone changed my life. Pwede pang-commercial diba? Haha. Kidding aside, it’s really useful.

 

The first-released factory technical specs that most people pretend to understand are:

  • Android 4.0 Ice Cream Sandwich
  • 4.8″ Super AMOLED 720 x 1280 resolution display
  • 1.4 GHz quad-core application processor
  • 3.8V, 2100 mAh battery
  • 8 MP rear-facing and 1.9 MP front-facing cameras
  • 16, 32, or 64 GB of internal storage

 

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And here’s the specs on the motherboard that nobody even pretends to know about anymore:

 

I’m actually putting these up in an attempt to look smart. I have no idea what most of those are. The point I’m getting at is that a lot of these components are manufactured by Samsung itself. Samsung has factories in their mainland, Korea. However as I mentioned, these are most and not all. Some of the components are manufactured/outsourced in China (duh, where else?) and occasionally, Taiwan.

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You may ask why China? The simplest answer to that is why not? China has the cheapest labor in the world. An entrepreneur will always value the principle “the lower the cost, the better”. This impacts positively on China of course because not only Samsung but most other companies out there outsource to China. One may argue that Korea benefits as well because most of the components are manufactured there. True, however more and more of these components are being outsourced to China. It is possible that in time, the whole manufacturing process of future Samsung products will be in China. This negatively impacts everywhere else though; since everywhere else is being overshadowed by the cheapness of China.

 

 

The direction of wealth skews to China and Samsung as well as other big time companies from all over the world. Yes, it does give out jobs to the lower class people; but even if they work here for decades, they would still be in the lower class. On the other hand, Samsung gets richer than you’ll ever be by the second. This trend shows that the rich become richer and the poor stays the same, if they don’t actually become poorer.

 

 

 

 

blog by: Evan Cedric Tan

 

Sources:

http://www.ifixit.com/Teardown/Samsung+Galaxy+S+III+Teardown/9391/1

http://www.reuters.com/article/2012/11/30/us-samsung-labour-idUSBRE8AT09220121130

http://en.wikipedia.org/wiki/Samsung_Electronics#1995-2008_-_Component_manufacturing

 

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