Intel moves transponder manufacturing to Thailand and Malaysia

Posted on Tuesday, May 02 2006 @ 3:16 CEST by Thomas De Maesschalck
DailyTech writes Intel is going to move its transponder manufacturing from the U.S. to Malaysia and Thailand:
We spoke to several employees at Intel's transponder manufacturing and design location and all of them indicated to DailyTech that Intel will be closing the location by sometime in Q4 of 2006. Unfortunately, many engineers as well as staff will not be making the transfer because Intel will not be opening a new location elsewhere. Instead, the company will rely on other manufacturers that are able to produce transponders for significantly less labor costs. One employee told us "not even some of the engineers that have been around for nearly five years will be able to keep their jobs." Another employee said "cutting costs is number one now. Shareholders celebrate; workers start brushing up your resumes."
More details over here.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments