Gerry Wong graduated from MIT with his bachelor's degree, his master's degree and his Ph.D, but in 2000 he left the United States and went home to China start a telecom equipment company.
Labor was readily available and relatively cheap.
But he says the environment has changed. These days wages are rising quickly. He currently pays his factory workers about a $1,000 USD a month.
"It’s getting difficult competing with lower-cost factories in like Southeast Asia," Wong said, referring to countries like Vietnam. "This is a big pressure on all the factories in Shanghai ... they're going to have to automate."
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