ON Semi moving operations from mainland China to Singapore

Discussion in 'Investing' started by TomB16, Apr 25, 2022.

  1. TomB16

    TomB16 Well-Known Member

    Joined:
    Jun 22, 2018
    Messages:
    3,601
    Likes Received:
    2,136
    ON Semi, key supplier of electronics for the auto industry, has halted operations in Shanghai. They are transferring operations to their Singapore and Manilla locations.

    This was announced 3 days ago in response to an indefinite Shanghai lockdown,

    I wish more industry could be moved from China to just about anywhere else.
     
    IndependentCandy14 and T0rm3nted like this.
  2. IndependentCandy14

    Joined:
    Apr 5, 2022
    Messages:
    82
    Likes Received:
    42
    Me Too TomB16.

    But We Know, It is All About Costs.
    The Costs are Cheaper in China.

    A Pair of $1400.00 Shoes for Sale in a Boutique in America can be, and some are, Made in China.
    To me, That is Ridiculous.
    But More Money in the Pockets of the Companies.

    -IndependentCandy14
     
    TomB16 likes this.

Share This Page