Subject:
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Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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Newsgroups:
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lugnet.lego, lugnet.general
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Date:
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Fri, 22 Oct 2004 21:21:06 GMT
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Viewed:
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6927 times
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In lugnet.lego, David Laswell wrote:
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So, maybe a ~200 person operation all told? That sound reasonable? No clue
what wages are in Denmark vs. China-- but at a guess we’re probably talking
about $5 to $15 million in Denmark, and maybe half that in China? But that’s
just a pulled-out-of-my-ABS kind of guess.
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Since they’ve been cited as having laid off more than double that amount in
production labor at a time, that can’t possibly be right.
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Yeah, it does admittedly sound low to me-- where are you getting the cite? Of
course, I guess I also didn’t include packaging and shipment, either-- and
that’s not necessarily just the “final” packaging, but shipping to other areas
to be “finally packaged” (assuming that those packaging facilities don’t also
move to China as well).
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When you’ve got cheaper design, cheaper raw materials, and cheaper labor, you
can sell less product and still make a lot more profit. TLC has been running
with a comfortable 1-year turnaround on new themes/sets,
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Huh! Where’d you hear that? From what I’ve heard it’s been anywhere from 6
months to 5 years for sets and themes (depending on how involved they are), and
usually around 3 years (IIRC I remember hearing that various things like Legends
and standalone models like the Wright Flyer or something are quicker to
production)
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but they’ve recently
announced that they’re going to be dropping that down to a six-month period
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That’s awesome! (or, *should* be awesome if they don’t start dropping even more
quality). Did I miss some uber-cool announcement somewhere? But anyway, that’d
allow for less time for MB to steal their designs and whatnot (which I’ve heard
they’ve done in the past) Hm. I wonder how long it takes MB to do a product
design?
DaveE
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