Alan Kohler interviews Dr Yacov's, page-66

Thanks RV

Here is stating the obvious:
Margins depend on operating costs.


For instance, a major opre cost - salary/wages:

Electronic Technicians - average salary in
USA = US$48,000
China = US$16,000 (CNY98,000) ,
saving of 67% (32000/48000)


Saving = U$32,000 ea ,
x 50 e/ee
=U$1. 6millions, a year


What about other saving on costs to improve margins:
factory set up/lease, power, raw material, etc?
They all add up....


Food for marginal thoughts?
Cheers
G