Script:

Good morning ladies and gentlemen. Today, we will be talking about the globalisation of technological companies and the products that they produce.

Well I assume youre already getting bored after listening to so many presentations, so well try to keep it brief. Look around you; you are surrounded by technology. Its all over you; your clothes were only able to be produced because of the technological advances weve made, for example, your jeans were shipped from somewhere else, by air or by sea. How? Because weve invented the plane. The car. The ship. These are all examples of technology that have helped globalisation do its work.

Well lets not stray too far from the topic. Look at the back of the classroom, shall we? Electrical outlets, the most basic source of energy output that we see everyday. Yet, its gone through different stages of globalisation. How so?

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The shapes, voltages and current of these outlets are different all around the world. You have the one that we are familiar with, the one from Hong Kong with its three-legged plug with a relatively low voltage and average current. Then you have some from Europe, and even America. These outlets have been shaped to suit the needs of local people, making their lives easier for them. This is another aspect as to how globalisation has changed technology.

But the power has to come from somewhere, doesnt it? The power generation has been affected by globalisation as well.

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Some areas are more suited for some forms of generation than others. For example, Hong Kong couldnt possibly have a mass scale operation for hydro-electro generation, because Hong Kong doesnt have any big lakes or rivers. The only possibility would be a dam somewhere, but that would prove very inefficient and costly. Some areas with more sunny weather or a slightly worse ozone layer might chose solar energy as its main form of electrical generation, while other countries with higher altitudes or windy weather might choose wind generation.

But what do we do with this electricity? Well, look inside your pockets.

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Your phones. Lets talk a bit more about them. Lets take apple and their iPhones for example; most iPhones are produced in, you guessed it, China.

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It currently costs $4 more USD to produce a iPhone in America compared to china. Furthermore, Apple would be required to pay 600 million JUST for the labour fees to produce a batch of iPhones, which really puts things into perspective. Furthermore, Apple would have to pay 35% tax, as opposed to the 2% tax that it enjoys right now, producing it in China.

As you can see, there are many advantages that producing a product overseas can reap. Another factor is government regulations. The safety requirements are lower in China, and so is the minimum wage per hour. Because of this,

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over 85% of iPhones are produced in China. But Apple isnt the only one. Samsung, Panasonic, Mitsubishi, and many more tech companies produce their products in China, and China also reaps the benefits of so many investors, and businessmen going to China, thus the financial situation of China has improved.

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Technology is an important part of our life, and with globalisation speeding both the economy and technological advancement up, we can only hope that they come around to mass producing hover cars and other fancy gizmos soon, and more realistically, that the economy of the world continues to work itself out.