Texas Instruments to invest $1B in RP

[Isuzoom]

salamat sa pagtitiwala sa mga pilipinong manggagawa.

[artpogi]

good news indeed

[lightning099]

quoting from other sources:

...“After a period of time we narrowed it down to China and the Philippines and then we made the final selection of the Philippines,” Ritchie said at a press briefing in Malacañang.

“At the end of the day, what brought us to the Philippines was really the performance of our site in Baguio. TI has a 28-year history in the Philippines, and the Baguio site is one of the best sites we have in TI. The quality of the people there, the quality of the operation gave us high confidence we would be able to set up a new site (in Clark),” he said.

At a subsequent briefing at the Department of Trade and Industry, Favila said TI’s expansion project could cost up to $1.7 billion and create a total of 10,000 new jobs at full capacity...

[cardo]

I'm glad they chose the philippines over china. I wonder what kind of package GMA gave TI? Most companies here have concerns on expensive resources such as water and electricity bills not to mention the constant increase and clamor for salary increases. In china, aside from the large billion people uber cheap labor they give away free land... atleast after 70 years or so before the gov't takes over. The company I work expanded operations in china rather than what we already have here because of the same concerns.

[squatt3r]

this is good news.....considering that Intel Phils. is taking an outward direction hehe

[cardo]

sana naman matahimik na yun mga rallyist... i dont see them doing something similar

[Camgen6]

Di ba TI is the only company who makes the semi conductor for DLP TVs?

[Syuryuken]

Sana nga lang hindi na mapasukan ng mga labor union yang mga malalaking kumpanya.

[boybi]

Sana nga lang hindi na mapasukan ng mga labor union yang mga malalaking kumpanya.

Hehe, asa ka pa.

[Gumusut_Amige]

good news indeed... sana madagdagan pa ng ibang investors dito sa atin