https://techcrunch.com/2023/03/17/daily-crunch-with-just-2-2b-in-remaining-liquidity-svbs-parent-company-files-for-bankruptcy/

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There’s a persistent theory in hardware that manufacturing overseas is the cheaper/better/more efficient option. You manufacture there, assemble somewhere else, and finally approve and get to market in the United States, Haje writes on TC+. It turns out that it’s possible to manufacture closer to home. With supply chains in the news more than ever, “nearshoring” is an oft-overlooked option for startups.