Intel and Apple Vow to Not Use Conflict Minerals

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Burodsx

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So I'm assuming China will buy the materials then turn around and sell it to the US for several times the cost.
 

memadmax

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This is pointless.
What, we aren't the *only* users of minerals.

Now this stuff is just gonna go to china, east asian countries, and probably more....
 

Bristecom

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Today's top story - Obama has signed a bill making it more difficult for US companies to make products in an effort to discourage war in Africa. In other news, Obama has just entered the US into war in Libya without approval of congress.
 
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Why were they using conflict minerals in the first place!
 
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@bristecom

wow your cynicism is so new and thought provoking! i hope you feel clever. i hope you're sitting at home right now going, "heh. wait till they see my comment on tom's hardware!"

EVERYONE'S GOING TO PASS OUT BY ITS CONTROVERSIAL SPECULATION!

oh wait, fox news already said this drivel, and they're all retarded cave slugs. so i guess that makes you... moss?

dude, i ain't vascular either. don't worry about it!


 

Wish I Was Wealthy

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All this action will do is to raise the prices of all pc & tech hardware parts...Also these mining companies will probably offload their minerals to some other source for their cash flow...
 

Wish I Was Wealthy

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Although Intel & Apple signing this conflict free agreement is most likely for the to be seen as doing good idea & to be left alone while the government searches for all other companies that take the wrong steps & make ripples on the water while searching for stepping stones to cross the pond to get to the easiest & fastest conflict source for all minerals...
 
What a racket... If one of the few mining companies in control of the mines - in a nation that is not their own - don't have control over the minerals, they're said to be conflict minerals. A nation is not allowed to sell minerals from their own soil on their own behalf or they're considered conflict minerals.

Who honestly thinks any of those mines are run without exploiting humans? It's OK to exploit humans in China, but whatever you do... don't do it in Africa.

Once again... Hippocracy at work. Way to ensure the monopoly of these precious minerals!
 

rantoc

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[citation][nom]ubercake[/nom]What a racket... If one of the few mining companies in control of the mines - in a nation that is not their own - don't have control over the minerals, they're said to be conflict minerals. A nation is not allowed to sell minerals from their own soil on their own behalf or they're considered conflict minerals.Who honestly thinks any of those mines are run without exploiting humans? It's OK to exploit humans in China, but whatever you do... don't do it in Africa.Once again... Hippocracy at work. Way to ensure the monopoly of these precious minerals![/citation]

Indeed, what would have been the odds that those companies would have been doing this if the president didn't send this bill to the congress. Most likely less than zero chance, its not helping profit and thats what its all about. _everything_ else is expendable including human beings that are being exploited to make the products in the sweatshops to increase the profit somewhat more rather than work under humane conditions.

Smart move to "appear" to be nice thoo - when signing this a while before being forced to it anyway. It will help the sales a bit and generate some goodwill when people think THEY were the ones taking the initiative! Amazing that some people don't see through the smokescreen hiding the truth!
 

Yoder54

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[citation][nom]burodsx[/nom]So I'm assuming China will buy the materials then turn around and sell it to the US for several times the cost.[/citation]

If our politicians had any balls then they would implement a trade embargo against China requiring them to play fair and quit fixing the yen, use non-contaminated materials, etc. A little off topic, but if the politicians were truly concerned about US jobs then they would penalized the likes of Dell who ships most jobs overseas nowadays...he says the US labor force is not educated enough or motivated.
 

icemunk

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[citation][nom]burodsx[/nom]So I'm assuming China will buy the materials then turn around and sell it to the US for several times the cost.[/citation]
It seems like America is doing its best to make itself uncompetitive on the world stage... the fall of a great empire coninues...
 

f-14

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Now miners in the conflict regions need to find new buyers for their materials. With large American companies now backing off, selling efforts may go to Asia instead
not impressed, this is just eliminating a middle man so material prices just got cheaper and kept off shore. there is little doubt in my mind intels malayasian factory and apples foxconn factories will still be using these materials now with it's price reduced and entirely manufactured outside of the usa.
after all if apple really cared, there wouldn't be dead and poisoned foxconn workers in the first place.
 
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Because raw material cost makes up more then 60% of the final product cost......
 
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@Yoder54

yes china should stop fixing the Japanese Yen.......
 

kinggraves

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Protip O'Reilly: Congress created the bill that Obama signed, he isn't just wizarding bills around. You might want to pull up some schoolhouse rock and learn how government works.

What it boils down to is cheap materials require human sacrifice and slave labor. If you want those low, low Wal Mart prices, you'd better realize that people are dying to make those low quality goods. Morality is the enemy of wealth. We should also be grinding the poor and unfit into meat to end world hunger.

I'm sure most Americans want their goods to be American made, but are you willing to pay the price hikes caused by less efficient business practices like "regular breaks" and "sick days"? Are you willing to lower American work standards enough that the employees are poisoned and suicidal like the countries we outsource to? You can't have your cake and eat it too.
 

mobrocket

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[citation][nom]kinggraves[/nom]Protip O'Reilly: Congress created the bill that Obama signed, he isn't just wizarding bills around. You might want to pull up some schoolhouse rock and learn how government works.What it boils down to is cheap materials require human sacrifice and slave labor. If you want those low, low Wal Mart prices, you'd better realize that people are dying to make those low quality goods. Morality is the enemy of wealth. We should also be grinding the poor and unfit into meat to end world hunger.I'm sure most Americans want their goods to be American made, but are you willing to pay the price hikes caused by less efficient business practices like "regular breaks" and "sick days"? Are you willing to lower American work standards enough that the employees are poisoned and suicidal like the countries we outsource to? You can't have your cake and eat it too.[/citation]

Love the schoolhouse rock comment
 

Bristecom

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[citation][nom]Yoder54[/nom]If our politicians had any balls then they would implement a trade embargo against China requiring them to play fair and quit fixing the yen, use non-contaminated materials, etc. A little off topic, but if the politicians were truly concerned about US jobs then they would penalized the likes of Dell who ships most jobs overseas nowadays...he says the US labor force is not educated enough or motivated.[/citation]
If China's politicians had the balls, they would sell all US treasuries and refuse to buy any more of our debt. Then we'd be left with hyper-inflation and collapse.

Why do you think those companies are going overseas? Because our government makes it too difficult and expensive for them to manufacture things here. A company needs profits to expand its business - creating more jobs and wealth.

And what do you think would happen if we started penalizing US companies for shipping jobs overseas? They'd move entirely to another country without so much government BS and we'd lose even more jobs... Please think before you say things like this.
 
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Do more research before you post things in comments. The material has chemical signatures and will be traceable from mine to production. This has been in the works at major suppliers for over half a year.
 

Yoder54

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[citation][nom]bristecom[/nom] Because our government makes it too difficult and expensive for them to manufacture things here. A company needs profits to expand its business - creating more jobs and wealth.And what do you think would happen if we started penalizing US companies for shipping jobs overseas? They'd move entirely to another country without so much government BS and we'd lose even more jobs... Please think before you say things like this.[/citation]

You are confused. American corporations move overseas because they can hire for pennies on the dollar--it does cost more here in the US than in China or India. Overseas they are not required to provide health care, pay US taxes, etc. Exxon had over $3 billion in profits last year, and paid 0 in taxes. This holds true for many big corporations, and to blame it on the government is to deny the facts.

Let them move overseas, and they can take their CEO's with them. They want the good life, but don't want to pay their fair share. Let's see how much they would enjoy living in China or India.

Please brush up on the facts before telling others what they can or cannot say.
 
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