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1,831,357 Views โข Jul 19, 2023 โข Click to toggle off description
Made in China. Itโs a common phrase known by many. Cellphones, TV screens and game consoles are just some of the millions of electronics manufactured and imported from China to the U.S. daily. China has controlled the smartphone manufacturing market for years. While some industries, like the semiconductor industry and the EV battery market, are scrambling to build new factories across the U.S., tech giants like Apple and Google are not making the same effort to do that. CNBC explores why tech giants produce phones abroad and whether it makes sense to move production to America.
Dumb phones, once considered outdated, are still prevalent around the world, making up about a quarter of mobile phones actively in use. While affordability in developing countries is a significant reason for their continued use, there could be an unexpected but potential rise in use among younger generations conscientious about the potential smart phones could have on mental health. While Nokia and Motorola are still some of the biggest dumb phone makers in the world, Punkt. and Light are two start-ups betting on the resurgence in popularity.
For years, BlackBerry was the most popular smartphone brand in the U.S. After failing to adjust to the rapidly-changing industry and falling to competitors like Apple and Google, the company pivoted to an entirely new direction. Now, itโs focused solely on software and cybersecurity โ trying to leave the iconic cellphones in the past. CNBC visited BlackBerry's Autonomous Vehicle Innovation Center and interviewed CEO John Chen to see what the company is up to now.
Chapters:
00:00 โ Introduction
00:40 โ Why The U.S. Fell Behind In Phone Manufacturing (Published November 2022)
17:58 โ The Rise Of Dumb Phones (Published March 2023)
35:16 โ What Happened To BlackBerry? (Published November 2022)
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How The Cellphone Market Is Transforming | CNBC Marathon
Views : 1,831,357
Genre: News & Politics
Date of upload: Jul 19, 2023 ^^
Rating : 4.599 (1,509/13,525 LTDR)
RYD date created : 2024-05-19T12:21:43.235322Z
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YouTube Comments - 1,218 Comments
Top Comments of this video!! :3
@16:15 Isn't it hilariously suspicious that a man with Chen as a last name... and speaks with an accent... says basically DO NOT worry about China as a security threat to the US cellphone industry. ๐๐คฃ
5 |
CNBC is making some of the best stuff on YT.
2 |
I am 77 y/ o and I been usually smartphone for the last 12 years , I do my banking , send mess, FaceTime , take pictures , and everything that involved connectivity, lately I got into chat A.I. write letter of complain and instantly I got a response to how to direct my complain , so not all seniors are dumb
Using my brains everyday has give me the opportunity to embrace with modern technology, being afraid to find out how thing work is like living in a cave, and I refuse to do that as long lโm breathing
49 |
Odd that Professor Chen doesn't know California grows both strawberries and tomatoes as he is a financial teacher. Agriculture is one of California's largest financial sectors.
4 |
CNBC is the only network that can take a video that should be 10 minutes and make it an hour.
672 |
I took my young niece out for the day and she asked how I was able to drive without maps or navigation. The concept that I could remember roads, street, and freeways in such a vast world blew her mind. ๐
395 |
I still Missed the Ericsson and Nokia phones era back then.
40 |
Google bought Motorola for the patents. The patents were retained by Google. the Motorola name was sold to Lenovo.
15 |
They want to blame it on the skill but they didnโt invest in us as โwe the people โ they wanted profit ! Come on people wake up this system donโt care about you
8 |
The specs for Purism's latest phone are equivalent to the cheap low-end phones that major carriers give away to new customers, but Purism's phone is $1,300. The company's sole marketing strategy is appealing to those who are abnormally concerned about being surveilled. What are the end users doing with their phones that makes them so paranoid? This reminds me of an expensive smartphone that was marketed as being 100% encrypted, claiming that conversations and texts were indecipherably scrambled. Thus, drug dealers were the main buyers. It turned out that the seller was actually a federal law enforcement agency, and they were able to gather evidence by recording all of the drug dealers' transactions.
7 |
Before the invention of printing press, humans wrote their messages with their hand. But in 1450, Johannes Guttenberg FIROZ made it possible to communicate with many people at the same time by his invention of the printing press. Now more books began to be printed in less time. Since then millions of books, magazines and newspapers are printed every year. All these are communications which enabled people to communicate with each other. ๐๐๐๐๐
3 |
I was a supplier quality engineer for an electronics manufacturer in the US and we tried to switch our supplier base from China to the us when trump imposed new tax measures. The skill gap was very evident in key areas like machining and QC for the US suppliers. They almost always struggled in scaling, while our Chinese suppliers were adept at scaling the volumes. Long way to go....
124 |
Take anything Tim Cook says with a glass of salt
7 |
The consumer electronics industry was never here? I fondly remember the RCA and Zenith console TV's of childhood, and my vintage Trans-Oceanic shortwave radio.
5 |
having a cellphone - and a smartphone if you can afford it- is the norm in Africa
25 |
The auto industry is the best example of the "correct" use of levying tax on foreign companies. We imposed taxes on Toyota, Honda, Nissan, VW, BMW, and Mercedes for foreign made cars sold in the US. And these brands responded by building several auto plants here, thus simultaneously prevents bleeding of jobs in the US, while not impeding sales for those companies.
75 |
I strongly advice everyone to own a Tech stock before it gets late, It's Crystal Clear Techs are the future, Everyone can clearly see what's going on in Web 3.0
2 |
I love my Motorola phone so much!
1 |
Script writer: 18:24 ".... has become a movement for the younger generation"
Video intern: guess I'll insert this guy here
2 |
@tamwilfred
9 months ago
What Tim Cook tried to say is that China is no longer the cheapest labor cost location, but it's the cheapest skilled labor cost.
599 |