Chip maker shifts design to India (another one bites the dust)

BBC ^ | 22 April, 2004

[traumer]

Californian chip maker AMD is to set up a design centre in India, the first of its kind outside the United States. The centre to initially employ 50 engineers will be located in the technology hub of Bangalore. AMD has said its plan is part of an expansion and would not involve laying off American engineers.

A row is raging in the US over whether the outsourcing of work to the developing world where costs are lower is costing US citizens their jobs.

"We are expanding engineering operations at all of our design locations," AMD's Randy Allen said.

AMD says it will invest $5m in the centre over three years. AMD's rival, Intel, and chip makers such as Texas Instruments, Silicon Laboratories and Flextronics have already shifted part of their design work to India.

[Cronos]

make that do you make a conscientious effort!!!!

[Cronos]

It has become "amateur hour", where if people don't get those 40% annual returns that they got during the late 90s they'll pull of the mutual funds quicker than you can say "Jack Robinson."

Thank you for bringing back sense to this post. That's very true. Companies that posted a 50% increase last year would find it difficult to do the same this year as they've grown, but the dopes on the stock market don't understand this, so the company execs are squeezed by the stock market to cut costs any which way they can.

[unixfox]

65% of US corporations pay ZERO taxes. It's a myth. Mostly it's small businesses that pay any taxes.

Those taxes are passed along to the consumers. So in effect they pay ZERO taxes.

[DB]

Well yes and no.

Corporate taxes raise the cost of make things. When those things are sold overseas they are less competitive and therefore costs the business sales they might otherwise have had.

Taxes cost everyone who produce things.