China approves Intel plant

[wawadave]

Associated Press
BEIJING — Intel Corp. has received approval to build a $2.5-billion (U.S.) chip plant in China amid booming Chinese demand for chips used in personal computers and mobile phones, the government said Tuesday.
http://www.theglobeandmail.com/servlet/story/RTGAM.20070313.wintel0313/BNStory/Technology/?cid=al_gam_nletter_dtechal

Wonder how the flag waving intel crowd are taking that their chips are now going to be made in china!! This is one way for them to meat AMD,s prices by putting plants in cheap labor area . Can you say sweat shop?

[xpgeek]

Money makes the world go round.

Pretty soon there isn't going to be anythinggg actually made within the US anymore. All companys are moving their factorys to India and or China for cheap labor, and cheap or no taxes.

I think, there should an import tax, imposed upon US companys manufacturing their products abroad. Then the tax they will have to pay for importing their products back into the US will almost cancel out any savings provided by manufacturing abroad, and companys will just keep their factorys, and the jobs, here.

But thats not going to happen, not while powerful lobbyists really control Washington.

[wawadave]

not going to happen at all.