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$2.50 to assemble and test?

That works out to it taking about an hour to assemble and test, sounds reasonable to me.

At least based off the wage from 2012, allowing for an over 10% increase.

"At that salary, the wage ranges between $1.50 and $2.20 an hour, based on the exchange rate of 6.3 renminbi to the dollar." http://economix.blogs.nytimes.com/2012/02/24/the-ieconomy-ho...

That's a sad reminder of the level of labor exploitation that goes into luxury products and profit margins.

Is it exploitation though? If that's a prevailing wage in the area, it's not exploitation. It's just lower than they'd pay elsewhere. (if they are making them work for less or in unreasonable conditions, then yes, it's exploitation, but not because it's cheaper than US labor)

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