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NXP Staff Strike for More Pay

3/4/2014 10:00 AM EST
8 comments
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krisi
User Rank
CEO
Re: 4.5%
krisi   3/6/2014 9:50:03 AM
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I agree...the only chance they have is thru the goverment support...this is a strategic sector for the economy

lidation
User Rank
Freelancer
Re: 4.5%
lidation   3/5/2014 8:39:07 PM
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I've been to several foundries in Korea and Taiwan. The engineers work really hard. Their working hours will be criminal in Europe due to their tight labor laws. And these engineers are very highly educated too. I don't see how the Europeans got any chances in the foundry business unless they go for some disruptive technologies. (ASML is one very good example.)

krisi
User Rank
CEO
Re: 4.5%
krisi   3/4/2014 10:52:58 PM
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It wil take at least several years Susan...just look how many people are in Asia compared to Europe...by then all silicon fabs will be out of Europe...unless EU wakens up and funds European foundry consortium due to its strategic importance (like Airbus for planes)

Susan Rambo
User Rank
Blogger
Re: 4.5%
Susan Rambo   3/4/2014 10:41:54 PM
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1 saves
You don't think it's a matter of time before the wages go up in Asia, too?

krisi
User Rank
CEO
Re: 4.5%
krisi   3/4/2014 7:18:42 PM
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These tactics play well in environment where you can't go elsewhere for a product or service...in Vancouver, Canada where I live teachers routinely get what they want because there is no other way to provide education...as a result the teachers here have the best security in the world and very high compensation with wonderful benefits...Kris

DrQuine
User Rank
CEO
Re: 4.5%
DrQuine   3/4/2014 6:46:24 PM
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Labor issues in fabs present an interesting issue. The costs of the facilities are so staggering that the owners are not likely to close or pick up and move. At the same time, fab technologies become obsolete on a regular basis.  I'd guess that the owners would think twice about continuing operations in a "hostile" work environment when it came time to upgrade to the next generation of technology. Sounds like labor actions in fabs are likely to produce Pyrrhic victories.


lidation
User Rank
Freelancer
Re: 4.5%
lidation   3/4/2014 6:39:54 PM
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Yup! These workers are digging their own graves. They are already overpaid for what they output compared to the Asians. Asking more will only accelerate the decision from upper management to move the fabs to Asia.

krisi
User Rank
CEO
4.5%
krisi   3/4/2014 4:15:57 PM
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4.5% increase sound pretty steep...NXP might just elect to close the fab and move it somewhere else...I am actually amazed there is still a fab in Netherlands

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