I note that Terry has gotten several questions along the lines of "Why give this business to China?" I think this quote from Apple CEO Tim Cook in 2017 shows exactly why:
Quote:
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The popular conception is that companies come to China because of low labor cost. I'm not sure what part of China they go to, but the truth is China stopped being the low labor cost country many years ago. And that is not the reason to come to China from a supply point of view. The reason is because of the skill, and the quantity of skill in one location, and the type of skill it is. The products we do require really advanced tooling...and the tooling skill is very deep [in China]. In the U.S. you could have a meeting of tooling engineers, and I'm not sure we could fill the room. In China you could fill multiple football fields.
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You can read more about the difficulty of re-creating the US's manufacturing capacity
here.