We all know the reason why so many technology companies manufacture their consumer electronics in China: labor costs in the country are simply far lower than in developed nations. According to Apple CEO Tim Cook, however, this is actually just a misconception, and the real reason that his company chooses to manufacture the vast majority of its products there is because China has more skilled laborers than any other country, including the United States. That sounds more like a way to cover up the fact that it exploits China’s cheap labor than an actual reason, but that’s just me.