Detailed text transcripts for TV channel - CNN - 20161218:22:24:00
Estimates vary but perhaps double the amount. an iphone 7 starting at $650 could go for $1300 or more. apple's top manufacturer is a taiwanese manufacturer, foxconn. workers are paid $700 a month to assemble iphones. in the u.s., workers would make a minimum of nearly $1,000 a month, double the wages of a chinese laborer, costs absorbed by consumers. >> the price of the iphone or whatever it is would go up exponentially. >> reporter: a technology analyst said any job gains would be eroded over time with robots, not people building the phones. >> at any job that has a lot of repetitive tasks, i...
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