To: RLK
I just spent some time looking back at business news stories about "Motorola moving 36,000 jobs to China" as you say. I couldn't find anything about it. There was an article saying that Motorola was expecting job cuts, but it didn't say "massive" or even allude to any large cuts.
I did find out that they pay $1200/year per employee in China, which is good because it keeps down the price of my next computer.
To: HighWheeler
1.7: Motorola Eliminating Another 9,400 Jobs (42,900 Motorola Jobs Cut Since Last Year!) AP via Tampa Bay Tribune | December 18, 2001 | Dave Carpenter Motorola Eliminating Another 9,400 Jobs Vows to Be Profitable in 2002 By Dave Carpenter Published: Dec 18, 2001 CHICAGO (AP) - Motorola Inc. is cutting another 9,400 jobs, or more than 8 percent of its work force, in a push to return to profitability in 2002. The cell phone and semiconductor maker has now shrunk its work force by 32 percent - 42,900 jobs through layoffs and 5,500 through sales of businesses - since it stood at 150,000 worldwide in August 2000.
49 posted on
01/06/2002 5:50:20 AM PST by
RLK
To: HighWheeler
9.3: Motorola Boosts China Investment REUTERS | Wednesday November 7 1:59 AM ET | Jonah Greenberg BEIJING (Reuters) - U.S. telecommunications equipment giant Motorola Inc said on Wednesday it will invest $6.6 billion in China over the next five years and double the annual production of its Chinese subsidiary and joint ventures. Motorola's investment in China -- now a cumulative $3.4 billion since it first invested in China in 1992 -- would reach $10 billion by 2006, spokeswoman Shelagh Lester-Smith told Reuters. ``From its current level of $3.4 billion, it will have reached $10 billion of cumulative investment by the year 2006,'' she said. That would mean $6.6 billion of investment over five years, she said, ...
50 posted on
01/06/2002 5:56:31 AM PST by
RLK
To: HighWheeler
CMP's Tech Web | 0/14/99, 10:49 a.m. ET | Sunray Liu Motorola's Semiconductor Products Sector will open a chip design center in Suzhou, China, that will focus on the research and development of microprocessor and IC technology for consumer electronics and telecommunications.
51 posted on
01/06/2002 5:59:09 AM PST by
RLK
To: HighWheeler
I just spent some time looking back at business news stories about "Motorola moving 36,000 jobs to China" as you say. I couldn't find anything about it.
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I had no trouble at all finding 100 articles documenting the subject. Maybe there is something wrong with your computer.
53 posted on
01/06/2002 6:02:20 AM PST by
RLK
To: HighWheeler
I did find out that they pay $1200/year per employee in China, which is good because it keeps down the price of my next computer.
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You are nothing but a half-ass Marxist willing to support communism/socialism when yiou thing it will get you something for free, or cheap, made by slave labor.
71 posted on
01/06/2002 3:54:48 PM PST by
RLK
To: HighWheeler
"I did find out that they pay $1200/year per employee in China, which is good because it keeps down the price of my next computer."
What this ultimately means is that, by practicing the theories you espouse, the USA will stop making stuff altogether. Apparently this does not bother you. What you, and others like you, who form their economic concepts in a historical vacuum, in a subjunctive universe contrary to fact, fail to realize or even acknowledge is that folks can only buy stuff if they have money, and they can have money only if they make and sell their own stuff. It is amazing to me that you see no problem with most stuff in the USA being made in Marxist or National Socialist states. The mind rejects what the senses can't deny.....
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