Comment by ChrisBland

Some might ask; well if this is the case, can we move production (back) to the US? The answer (imo) is no. The Chinese have done an amazing job building the supply chain. Need a part, go right down the street and meet the vendors, need packaging, its just down the other street. The infrastructure built to bring products to market is their real advantage here. Try sourcing a new chip in the states and then try over there. This is true not just for electronics, but also with textile production.