Microsoft Closing Two Phone Factories In China

randomErr writes: Microsoft is closing two factories in China by the end of March. About 9,000 people worked in these factories, and those jobs were cut a while back as part of the company's major restructuring after its Nokia purchase. Much of the equipment located in these factories from Beijing and the southeastern city of Dongguan is being shipped to Vietnam.

Comments

Cheaper in Vietnam

[monkeyxpress]

Make sense. Chinese wages and standards of living have been increasing rapidly over the last few years, while the political systems/economies in parts of South East Asia are becoming developed enough to provide confidence to foreign investment. Will be interesting to see how China deals with this shift. Hopefully not in the western way, with all the bosses patting themselves on the back for lowering costs while the consumer economy falls apart around them.