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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (58644)	1/10/2002 2:02:00 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

01/10 01:21 Motorola to Close Three Chip Plants in Japan, Texas (Update3) By Alan Patterson quote.bloomberg.com Hong Kong, Jan. 10 (Bloomberg) -- Motorola Inc. said it will close chip plants in Texas and Japan, resulting in 4,000 job cuts in its chip-making business, 13 percent of the total, as it targets a return to profit this year. Chip-packaging plants in Sendai, Japan and in Austin, Texas, will be shut as well as a silicon-wafer facility in Sendai, spokeswoman Gloria Shiu said. The job cuts, earlier reported on the Web site of U.S. trade journal EETimes, include shedding of administrative staff worldwide, she said. ``This is part of our manufacturing consolidation plan to improve efficiency,'' Shiu said in an interview. The firings are part of a 9,400 job-cut plan announced in December by Motorola Chief Executive Officer Christopher Galvin, who has pledged the second-biggest mobile-phone maker will earn 15 cents a share this year after losses in 2001. Most of the world's chip-packaging plants are located in Malaysia, the Philippines and other lower-cost locations. Production from the Sendai plants, run by Tohoku Semiconductor Co., will be moved to locations in Chandler, Arizona; Eastkilbride, Scotland and another facility in Sendai. Motorola employs about 30,000 workers worldwide in its chip- making business. The company doesn't plan to farm out more production to other companies as a result of the plant closings. ``Most of the production will be consolidated within our own operations,'' Shiu said.