Rid your mind of Kent - Mike Magee
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Intel ponders Philippines retreat
CHIPZILLA COULD close its number two offshore assembly operations and development centre in Asia and pull out of the Philippines.
The operation is based just outside Manila and employs some 3,000 staff. To date, Intel has invested $1.51 billion in the country.
According to AP, senior management discussed its long-term options with the employees on Wednesday. Intel's main concern is that the cost of electricity in the Philippines is far too high.
Officially Intel has said that it has not decided what to do yet, and the warning that it might close down the plant could be a shot across the bows of the Philippine government to help make the plant more viable.
AP said Intel would decide on the fate of the site within six to nine months.
Intel has offshore manufacturing centres in Israel, China, Malaysia, Costa Rica, Ireland and one currently being built in Vietnam. µ
L'Inq
AP
Tags: Intel
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American sulu, 

We don't need people like you in our country.
Go get your women, climate, and scuba diving in America.

Look at your own backyard first before you make comments on others'. Don't be too sanctimonious.
american sulu...

dude we don't need you in the philippines. who are you to talk like that about Philippines??!!! 

If you think everything else is shit besides the women, climate and scuba diving here in the phils...go to nigeria or somehere else and find your women, climate and scuba diving there...
well... if the price of electricity is really the issue, INTC should look at alternative options. As they are running plants there, why not add one or two co-generation units? These come as turnkey solutions in various sizes, and can address the needs for electrical power as well as for cooling.

Else, it sounds as if INTC is looking for an easy excuse for getting out of the country for some other real reason. I am sure they will want to migrate this operation to mainland China, for cost and political reasons.

Intel China needs to grow to prove INTC's commitment to the Chinese government, yet at the same time it is way too dangerous (for IP theft reasons) to move any chip design operation there. So what can you move? Test and assembly plants. These then obviously need to be shut down somewhere else - et voilà.
Transnational tech companies like Intel and other members of the Coalition for Patent fairness and PIRACY are well known for what many people believe are at best questionable business tactics. I believe that this is true of their operations in both developed and developing countries.

In all cases their business practices are designed to extract the highest profit possible regardless of what the impact is on others.

Transnational corporations are exploiting developing countries in many ways.

Most developing countries understand the value of their natural resources even as they fail to recognize that their people's inventiveness may well be their most important natural resource.

It is a fact that transnational corporations will only stay in a developing country until another comes along which is ready to give them a better deal. This is what is happening today.

But there is something developing countries can do to ensure that transnational corporations cannot leave your economy devastated. You need to nurture and protect your inventors from being exploited. The answer is to require that corporations pay your inventors a fair royalty based on the value of an invention in addition to their base pay. 

This will help fund domestic invention based business with community ties anchoring those businesses. Otherwise these predatory corporations will take the best inventions for virtually nothing and your people will be totally exposed to the whims of these companies.

Ronald J. Riley,


Speaking only on my own behalf.
Affiliations:
President - www.PIAUSA.org - RJR at PIAUSA.org
Executive Director - www.InventorEd.org - RJR at InvEd.org
Senior Fellow - www.patentPolicy.org
President - Alliance for American Innovation
Caretaker of Intellectual Property Creators on behalf of deceased founder Paul Heckel
Washington, DC
Direct (202) 318-1595 - 9 am to 9 pm EST.
I'm an American living in the Philippines. This place is so corrupt it makes Nigeria look like a good place to do business. Frequently when a foreign firm puts money in this country the government moves in at some point and steals every bit of it. And then the dumb *ucks wonder why they are the basket case of Asia.
The only thing this country has going for it is the women, the climate and the scuba diving. That's why I'm here. Everything else here is shit.
I wonder if they're using oil to make electricity. A lot of second world countries do that.
You call AMD DAAMIT all the time, and used to call Intel "Satan Clara," but not any more. 

So the Satan Clara boys and girls told you they didn't like it, and you were happy to oblige, wot?