In a recent TV interview on State of the Union, International Brotherhood of Teamsters Union President Jim Hoffa claimed Apple is unpatriotic for outsourcing manufacturing overseas.
“Look at Apple, they have $76 billion dollars in their checking account, and they’re not spending it… instead of investing here, everything they do is in China, or in Asia somewhere… There’s something wrong with that.”
Hoffa, in the video embedded below, urged President Obama to “challenge the patriotism” of American companies for investing outside the U.S. in his upcoming jobs speech and also proposes a tax initiative to “start spending some of that money here in America and put Americans back to work”.
It’s unlikely that Apple would cut its ties with Tucheng, Taiwan-based Foxconn (who is expected to produce 20 million iPad 2s in Q3 for the company) and other overseas partners. Apple’s growth depends on being competitive in the global marketplace.
Apple has also been criticized recently for pushing for a tax holiday to repatriate profits it has gained overseas.