On: TSMC to build second Japan chip factory

[xxpor]

There's 0 chance US labor is cheaper than the UK at this point.

US: >Real median household income was $74,580 in 2022

UK: >In the financial year ending (FYE) 2022, median household income in the UK before taxes and benefits was £35,000, increasing to £38,100 after taxes and benefits.

[rendang → xxpor]

NZ is even lower per https://en.wikipedia.org/wiki/List_of_countries_by_average_w... so unless there is a big difference in the manufacturing sector specifically, it's probably also cheaper there

[HPsquared → rendang]

That combined with the house prices... ouch.

[andyferris → xxpor]

Wait - the median income in the UK is higher AFTER tax is removed? The median person receives more benefits than pay tax?

[pjc50 → andyferris]

Something not quite right there, because at £35,000 you're not eligible for that many benefits. Unless this is somehow miscounting pensioners?