Firms heading home as benefits wane in China

URLhttp://english.eastday.com/e/131101/u1a7747988.htm
SourceEast Day English
Date Published11/01/2013
Author NameChina Daily
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Philips
Type of work Manufacturing
If manufacturing, is the company an OEM? Unknown
If manufacturing, is the company a contract manufacturer?Unknown
Reshoring category:Transplant
Year reshoring announced:2012
Country(ies) from which reshored:China
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment/Appliances/Components
What non-domestic negative factors made offshoring less attractive?Rising wages, Raw materials costs
What domestic positive factors made reshoring more attractive?Automation/technology
Mentions use of TCO or similar concept?Yes
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