So don't blame China they are only part of the problem. Oh, yes us the Consumers asked and we got where we are now. So what do we do ask for the lowest common denominator. People refuse to pay for Quality products and see the real cost. The sooner the world gets alternatives to electronics manufacturing, the better we'll all be.Īsk your politicians of each Countries. Thu 30th Dec Stop relying on China to build everything electronics related, if the last couple years hasn't shown people already, the CCP aren't to be trusted.They have plans to construct a factory in the US though, and that would be a good litmus for local sourced vs Chinese sourced components once completed. That’s one of the reasons I’ve never purchased shares of TSMC - despite their massive expansion they output billions annually to keep up with evolving tech. Also chip manufacturing generally isn’t profitable due to the need to continuously upgrade equipment. There aren’t any mass production board manufacturers in the US that could undertake this project. In the case of electronics, you’re going to have a harder time sourcing components without importing from China. Markup going to retail would sit around $10-$12 per bow tie with MSRP around $20-$24. In the US example I didn’t even touch on the cost of materials because it’s literally pennies (around 0.25 if you just buy fabric off the shelf). A fair hourly wage would probably be closer to $16, which would push the price of production to $4 per bow tie. This price doesn’t take into account freight or duties.Ī bow tie made in the US would cost about the same because the US doesn’t believe in a living wage and in many states could get away with $8 an hour. You can mass-produce a quality bow ties in China for around $2 per bow tie each. Our production cycle is different than China’s and in many instances we don’t have the equipment necessary to successfully compete, which quite frankly has nothing to do with our safety laws. The real problem isn’t the union, it’s the lack of infrastructure. Just because workers are unionized doesn’t inherently mean a higher price, which unions have actively campaigned for years to disprove this. We can’t thank you enough for the support you’ve given us to help make our dreams a reality. We had to make an incredibly difficult decision that we hope is the right one for everyone.Īs of today, we’ll be canceling our Kickstarter early with all pledges fully refunded while we pursue outside investment to continue the project internally.We know how disappointing this is for many of you. After a lot of deliberation, we felt it wasn’t right of us to hold onto your funds for an unknown amount of time without being able to guarantee when delivery will be. So, with the Panda Controller timeline not having a clear end date, we had to figure out what the best next steps are. We know how excited you all are to get the Panda Controller as soon as possible, but it looks like we can’t guarantee the December 2022 date anymore and we don’t know what the new date will be yet. Among other new roadblocks, our main manufacturing partner in China is being affected by ongoing rolling blackouts, slowing their production which was already affected by COVID-related shortages. Since opening the Kickstarter, we’ve been made aware of a few factors outside of our control that, when added up, have affected our production timeline. We will be attentive if more details are provided on this topic.We have some unfortunate news to share today. It was really amazing to be a part of setting records and showing people how strong our community is when it’s united. This project has been a work full of love for almost 3 years and this response was something we never expected. Thanks everyone for your support! We are really impressed with the positivity we received about the Panda Controller. We leave you with the data provided in this regard: Lifted him up 2 million dollars In the boxes and they have more than 14,000 backers, and they have now confirmed that all this and that will be compensated External Investments will be sought to continue this project. However, the creator was unable to launch it in December as planned, and therefore believes that it no longer makes sense to go ahead on Kickstarter. Around Kickstarter for driving panda Inspired by the GameCube console.Īpparently this project have been cancelled Despite breaking records in the money raised. We bring you surprising news regarding one of the most unique indie products in recent months.
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