How Much Money Goes to China for Manufacturing?

To make an iphone, it costs 400 dollars. How much money do you think went to china for manufacturing of the 400 dollars? I want you ju t think about that for a second. The stand sheet, smile curve goes something like this. What is the least valuable thing in the production chain? Is it manufacturing? Thinking manufacturi your thinking manufacturing. And am i telling you what this economist has discovered, ok? In the concept and rnd side, coming down from that point on the left hand side, branding is the most valuable thing. On the other side, its design at the very bottom,. Coming up on the other side are marketing and then sales after service.