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Opey
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re: NXP today: 'Practically a Chinese company'
Opey   5/1/2012 11:44:18 AM
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Unless we act to defend the moral standards that should define us, we are all responsible. http://www.mycitizensnews.com/2012/01/letter-common-practices-for-all-citizens/

mmmmh
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re: NXP today: 'Practically a Chinese company'
mmmmh   5/1/2012 11:32:55 AM
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In 2008 A manager in NXP said 'at least we purify our blood' in comment to the redundancy of a female engineer who is originally from China. In 2011 he is promoted to department manager. NXP effectively treats its Chinese customer and Chinese Employees as clown.

junko.yoshida
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Blogger
re: NXP today: 'Practically a Chinese company'
junko.yoshida   5/1/2012 7:55:13 AM
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No. CFLs are still being manufactured...but the price has gone up. That means any further efforts to add value to the current CFLs (i.e. adding IC drivers) have been delayed now.

junko.yoshida
User Rank
Blogger
re: NXP today: 'Practically a Chinese company'
junko.yoshida   5/1/2012 7:49:55 AM
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I would like to set the record straight here. The purpose of this story is illustrating the reality many multinational corporations face. NO companies can do effective business without building a strong presence in the fastest growing market. I appreciated Clemmer's openness in embracing the reality. In the past when I covered NXP, I was more concerned with all the product lines and teams the company no longer had. But the conversation with Clemmer's last week convinced me of much transformed NXP, more confident, open and comfortable with its own new self.

CHATLIT
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Rookie
re: NXP today: 'Practically a Chinese company'
CHATLIT   5/1/2012 7:14:05 AM
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Why blame Clemmer for being candid.That China has baited and exploited the greed of european and american corporates (manufacturers and Bankers) is known. How the western world was fooled and lulled into believing that they were putting China to fullest use.

t.alex
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Rookie
re: NXP today: 'Practically a Chinese company'
t.alex   5/1/2012 4:31:40 AM
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Perhaps for branding also. It is still a wellknown Dutch company.

BobSnyder
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Freelancer
re: NXP today: 'Practically a Chinese company'
BobSnyder   5/1/2012 4:03:38 AM
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Consider a company's cash flow as if the company were an electrical component and the cash were electrical current. The system has numerous inputs and outputs. But every bit of energy going into the system must eventually come out of the system in some form. When a company finds ways to reduce its tax burden, this is equivalent to reducing the electrical load on a device. The result is that the device draws less current from its inputs (i.e. consumers can buy products at lower prices). Conversely, a company that donates large sums to charities will eventually pass those costs along to consumers. There is no "free energy". When a company offshores jobs, it provides wealth to people in other countries, while once again lowering prices for all consumers. If a company employed only domestic workers and also gave large sums of money to charitable causes such as the Haitian earthquake recovery, many would call them heroes. But what we are praising is their willingness to supply current to a heavier load. That current (money) has to come from somewhere, and it comes from the consumers' pockets.

Simon7382
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Manager
re: NXP today: 'Practically a Chinese company'
Simon7382   5/1/2012 3:40:09 AM
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In fact they would be if that (the demise of De Anza) happened.

Simon7382
User Rank
Manager
re: NXP today: 'Practically a Chinese company'
Simon7382   5/1/2012 3:38:56 AM
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As far as fair share: one can say (like the supreme court did about pornography) you know it when you see it. But seriously: highly profitable companies, like Apple, which would never have been successful without the US infrastructure, including the tremendous talent in Silicon Valley, should pay at least as much US taxes percentage-wise as the average middle class taxpayer does, which is around 20+ percent of earnings. Apple, same as GE and mopts other large companies fail to do this because they can. And, they can, because the GOP since Reagan convinced us the people (well to more gullible part of us) that government is bad and incompetent, by definition, and that taxes are bad no matter what they are spent on. Both of these are hogwash, but based on incessant repetition and no real fighting back from the other side made it "true".

Patk0317
User Rank
CEO
re: NXP today: 'Practically a Chinese company'
Patk0317   5/1/2012 2:11:37 AM
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I find it interesting that CFLs are not able to be manufactured due to rare earth manulation by China. Given that we can no longer buy incandescent bulbs in the USA in a few years, does that mean we will be using candles in ten years time?

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