Slashdot Mirror
Intel Developing New Chip Designs in India
An anonymous person noted that "Intel Corporation, the $39-billion largest chip maker in the world, is developing new chip designs and processors at its India development centre to roll out the next generation of notebooks and servers, says a top company official."
Next thing they will be eliminating all the high paying R&D jobs in the US. Way to go Intel!
Just shows you how dumb the current aproach to the immigration really is.
Instead of those Indian engineers living in the US, buying US-made goods, paying interest on US-issued loans, in short spending their money here to create jobs for carpenters, car manufacturers, teachers, doctors, garbage collectors, administrators, computer technicians, etc. etc.
Instead of that, our money goes to India, a contry with 50% literacy rate (and a nuclear stockpile), a country with no labor laws or labor movement, where it gets spend to creates sweatshops and child labor camps with forced abortions and whatnot.
Who wins? Not us, and not them, but a few chosen uber-rich assholes.
Obama likes poor people so much, he wants to make more of them.
Well actually, I think they are just laying the ground work for future Indian companies that will compete with them in the processor sector. I'm not saying that this is bad, just that Intel, and others, are not going to be able to leverage low wages indefinitely and they may well be opening the vault of their family jewels.
This is exactly what they have managed to do. Intel has effectively exported its best IP to its future competitors. Of course with their myopic viewpoint they only see the short-term benefit, and don't see the long-term potential problem they have created for themselves. Typical outsourcing mentality...