Quoted from OLDPINGUY:Yup, when I looked into this...Vishay, China, Taiwan....10,000 units was the amount needed to start.
$50 was a target. All said and done, freight, advertising, storage, close to 1 Million dollars to start
this business! Break even would be by my estimates, 10-12 years, if lucky.
The purpose of the thread was to get comments from people that have better knowledge and have thought this further.
And I got the answer.
It's just hard to understand when you see all those online stores (ebay, Dealextreme, Wish etc) full of pirate and knock-off electronics sold for few dollars. Some are quite a lot more complex. Like mobile phones. Hell I can buy a new legit 32" LED TV (with remote, speakers, user interface, antennae and cable receiver, image processor, USB media recorder support, ok you got the idea) for 150€ from an actual walk in store here in Finland. And that includes 24% tax + seller's cut 30%? = 80€ TV. Which costs 20e to produce.
TL;DR - Conclusion: It's should be made in China and in very large quantities.