Offshoring which jobs?

Washington Times ^ | June 6,2004 | Alan Reynolds

[endthematrix]

"since that's all Boeing, and if their 7E7 isn't a big success - they are done."

You mean the comercial divison not military, they are just dandy!

[LowCountryJoe]

I was watching some news program just yesterday (Sunday 6/14) and they were discussing the lack of normal snowfall in the Rocky Mountains. They went on to talk about how the future fresh water supply of much of California will be effected by these development and will especially be effected if this trend continues. "This will impact agriculture greatly", the reporter said.

Does anyone, besides me, see an opporitunity developing because of of this misfortune? No, I'm not refering to further agricultural subsidies either, Mr. Green. I say this because if there is one thing that some of us as Americans have a hard time doing is anticipating demands. For whatever reason it is so hard for some of us to think beyond the current conditions. Many times we chase trends instead of getting in front of them.

It is true that life & nature will bring about its share of doom & gloom but it has just as many positives. Capitalize on the positives!

Someone already mentioned trends both cyclical and secular on this very thread. Sorry for stealing your idea but I wanted to elaborate on it.

[LowCountryJoe]

I must confess to a genuine dislike for Calculus...a deep respect for it I have...but the enthusiam for its applications is lacking in me. I guess you could say: I'm at my "limit"

[LowCountryJoe]

...Those in the telecomm industry that I know had to train their offshore Indian replacements and none has found an equivalent or even 1/2 way stable job.

Yes, the labor market can kind of suck like that when one gets used to getting compensated with more than the true equilibrium wage. But the coldhearted me wonders why some of the companies that I had held shares of stock in waited too long in cutting labor costs.

[LowCountryJoe]

China and India, among other fast-growing economies, have trade restrictions that favor domestic growth...

There is no such thing as a free lunch. Try and remember that.

...We, however, open our markets to everyone - to our considerable detriment.

But there might also be a benefit too, don't you think?...or it would be stupid of us to exchange things of value with them, no? Remember the free lunch? There are costs to all economic decisions just like there are for political ones.

[LowCountryJoe]

I honestly believe that the ink runs out on Bush's "program" pen during the very first day of his second term. That, if it happens, will begin to counter the debt problem. The "reform" pen, however, has plenty of ink.

[discostu]

What I see at work everyday is that our attempt to offshore failed miserably, then our attempt to outsorce onshore failed miserably, and now our attempt to hire temp workers to get us through crunch times is in the process of failing miserably, which leaves us with no choice other than hiring more IT professionals.

[lasereye]

We have the export profile of a third world nation.

Let's see we have most of the leading software firms, telecom equipment makers, fiber optics firms, pharmaceutical firms, biotech firms, computer manufacturers, chip equipment makers. We lead in the developing field of nanotechnology. These are all just off the top of my head.

[neutrino]

That right? And I'll bet you have a link that will corroborate all that, don't you?

[Gunslingr3]

I honestly believe that the ink runs out on Bush's "program" pen during the very first day of his second term. That, if it happens, will begin to counter the debt problem. The "reform" pen, however, has plenty of ink.

Problem I see with that, is that structural deficits from the demographic timebomb are going to require that "reform" pen to be working overtime, and it's probably already too late (especially with Bush gleefully signing onto hundreds of billions of dollars of new entitlement programs tied to that same demographic timebomb). A retrenchment of debt, and living standards based on excessive consumption of credit. After that happens, we'll see how much of FDR and LBJ's welfare state we can still afford...

[LowCountryJoe]

¿Puedes decir <>?

You've got to know that this is the solution that our politicians envision unless our society - as a whole and without any laws - makes a fundamental effort to stop killing its unborn children.

[LowCountryJoe]

That should read:

¿Puedes decir "immigración"?

[MortMan]

Chinese and Japanese students are learning about calculus and quantum mechanics. American students are learning about beer and NASCAR.

I've always found that a moderate quantity of beer somehow makes calculus more understandable! ;-) (Perhaps not "understandable" but tolerable??)

[lasereye]

Here's the answer to your creepy question. If you hadn't heard of these companies then you make Willie Green look intelligent.

Software Leaders in Total Revenue (ttm)

Microsoft Corp [MSFT] $35.6 B
Oracle Corp [ORCL] $10.2 B
SAP AG [SAP] $8.5 B
CSK Corp [CSKKY] $3.3 B
Computer Associates International Inc [CA] $3.3 B
Electronic Arts Inc [ERTS] $3.0 B
Konami Corp [KNM] $2.5 B
Peoplesoft Inc [PSFT] $2.4 B
Symantec Corp [SYMC] $1.9 B
Sega Corp [SEGNY.PK] $1.9 B

U.S is 6 out of 10

http://biz.yahoo.com/ic/ll/softwrtor.html

Biotech & Drugs Leaders in Total Revenue (ttm)

Cardinal Health Inc [CAH] $63.3 B
Amerisource-Bergen Corp [ABC] $51.8 B
Sanofi-Synthelabo [SNY] $9.7 B
Amgen Inc [AMGN] $8.9 B
Novo Nordisk A/S [NVO] $4.4 B
Eisai Co Ltd [ESALY.PK] $4.4 B
Teva Pharmaceutical Industries Ltd [TEVA] $3.6 B
Genentech Inc [DNA] $3.5 B
Forest Laboratories Inc [FRX] $2.7 B
Hospira Inc [HSP]

U.S is 7 out of 10
http://biz.yahoo.com/ic/ll/biotrxtor.html

Communications Eqp. Leaders in Total Revenue (ttm)

Nokia Oyj [NOK] $35.4 B
Motorola Inc [MOT] $29.6 B
Cisco Systems Inc [CSCO] $20.8 B
Telefon AB LM Ericsson [ERICY] $15.8 B
Alcatel [ALA] $15.0 B
Nortel Networks Corp [NT] $9.8 B
Lucent Technologies Inc [LU] $8.4 B
L-3 Communications Holdings, Inc [LLL] $5.5 B
Qualcomm Inc [QCOM] $4.3 B
Avaya Inc [AV]

U.S is 6 out of 10
http://biz.yahoo.com/ic/ll/comeqptor.html

Semiconductors Leaders in Total Revenue (ttm)

Intel Corp [INTC] $31.5 B
Flextronics International Ltd [FLEX] $14.5 B
Texas Instruments Inc [TXN] $10.6 B
Kyocera Corp [KYO] $10.4 B
Infineon Technologies AG [IFX] $7.9 B
STMicroelectronics NV [STM] $7.6 B
Taiwan Semiconductor Manufacturing Co Ltd [TSM] $6.6 B
Applied Materials Inc [AMAT] $5.9 B
Advanced Micro Devices Inc [AMD] $4.0 B
Micron Technology Inc [MU]

U.S is 7 out of 10

http://biz.yahoo.com/ic/ll/semicotor.html


Drug Manuf. Leaders in Total Revenue (ttm)

Pfizer Inc [PFE] $49.1 B
Johnson & Johnson Inc [JNJ] $43.6 B
GlaxoSmithKline PLC [GSK] $38.5 B
Bayer AG [BAY] $34.5 B
Novartis AG [NVS] $25.8 B
Roche Holding AG [RHHBY.PK] $24.8 B
Merck & Co Inc [MRK] $22.5 B
Aventis SA [AVE] $21.8 B
Bristol-Myers Squibb Co [BMY] $21.3 B
Abbott Laboratories [ABT]

U.S is 6 out of 10

http://biz.yahoo.com/ic/ll/majrrxtor.html

[lasereye]

Correction semiconductors is U.S. six out of ten.

[neutrino]

Um? I took a quick look at Micron. From their website:

China Locations

Micron's presence in China includes a sales and marketing office in Xiamen and a marketing office and design center in Shanghai.

Micron's operations and sales base for China is located in Xiamen, Fujian province, providing a high level of customer support throughout the Fujian province and expanding its services to the greater Shanghai area.  A solid transportation infrastructure,  good working relationship with customs,  and the ability to process transactions in local currency simplifies the business relationship in this increasingly important marketplace.

Micron Semiconductor (Xiamen) Co., Ltd., hopes to eventually expand operations to service customers throughout China, from  the Beijing area in the North to the Shenzen area in the South.

A marketing office, located in China's largest city of Shanghai, is working to meet the needs of this rapidly developing market.  On the product development front, the Shanghai office is also the home of a memory design center.

 

Micron Semiconductor (Xiamen) Co., Ltd. Room 202 2/F & Room 303 3/F Administration Committee Building Xiangyu Free Trade Zone Xiamen, China 361006 Tel: 86-592-5651088 Fax: 86-592-6036307 Jobs Contacts Sales Contacts Micron Semiconductor (Xiamen) Co., Ltd. Shanghai Office Suite 3701; 37F Bund Center No. 222 Yan An Dong Lu Shanghai, China 200002, P.R.C. Tel: 86-21-63351010 Fax: 86-21-63352008 Jobs Contacts Marketing Contacts

I suspect that many of your examples are USINO - U.S. in name only. The large numbers beside them include offshore operations.

These companies are exporting American jobs - and, importantly, American technology.

Sorry, lasereye, these simply are not on target.

[lasereye]

What's wrong with having offices to MARKET in China located in China? Tell me what foreign companies that sell their products in the U.S. don't have offices in the U.S.

[neutrino]

What's wrong with having offices to MARKET in China located in China?

Sales offices are fine. Operations centers aren't fine. Memory design centers are exceptionally not fine.

All of which you're smart enough to know perfectly well.