This shows the danger of the Race To the Bottom concept.
US/European Manufacturing cannot have dirt cheap labor, but it still isn't dead. Western Manufacturing is value add manufacturing. While you may pay more per device, your device will have a lower refund rate, or more automation on the line, where product are more constantly completed.
However for the countries who are getting business from just being the cheapest, means once someone can be cheaper than you, then you are out of business, with a population of unskilled -semi-skilled workers out of work, and probably desperate (and that makes them dangerous) and a debt of an expensive infrastructure that hasn't been paid off yet.
Living in upstate NY, I have seen the effect of a manufacturing losses. Where in the 1970-1980's most jobs started to get shipped overseas, because they were cheaper, and the Pre-WWII buildings and infrastructure wasn't adequate. (We can discuss politics too... However that is still open to a lot of debate). Most towns economy was dependent on one large company once that company leaves the town dies. Because the old manufacturing was only about units out. That can be pushed anywhere. Now that US Manufacturing is slowly coming back, it is about more than cost per unit, but other factors as well... And these new manufacturing are no longer so vital to the economy, that the area can survive after it.