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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (835)9/19/2003 12:13:38 PM
From: mishedlo  Respond to of 110194
 
Samsung Electronics, the world's top memory chip maker, said on Friday it would move most of its personal computer manufacturing operations in South Korea to China by 2005. This move is intended to increase its competitiveness against global rivals, such as Hewlett-Packard and Dell.
The transfer is the latest in a series of similar moves by Korean companies eager to exploit China's low labour costs and avoid industrial unrest at home, a trend that has heightened fears the country's manufacturing base is being hollowed out at a time when it is trying to recover from recession.

news.ft.com.
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Ho ho ho
how can we compete when even korea is outsourcing or moving to China?

M