it is interesting to see some hypocritical, western-oriented, cold war-minded comments here
The world (in terms of population, not wealth) is not blind on what is real justice and what is hypocritical...
will stop here, this is a technical place, don't want to bring in any more political stuff
I don't mean business reasons alone for leaving China. There are legal roadblocks that the Chinese have put in place for why a company is stuck in China once they move there. For instance, foreign companies have to transfer their plant equipment to a Chinese owned entity. I know of one British manufacturer that tried to move their plant from China to Vietnam and they're still in court after 10yrs. The Chinese legal system is a sham controlled by locals.
Why doesn't the media explore the darker side of doing business in China.
@Neo1, I totally agree with you. I think all the companies should seriously consider entering both India and China markets because both of these markets provide excellent business opportunities to the companies.
It's sad to know that chinas control over Rare earth metals is hurting the sector. What is international community doing to tackle this matter ? Is it the reason why NXP shifted its base to China because it can have easy access to rare earth metal elements ?
Avoiding china for any semiconductor company is suicidal, they have to go with the flow else perish like many others. In fact their efforts should be lauded for transforming themselves. Even though it's contribution to its parent country's tax bucket is reduced its way better than the company filing for chapter-11.
Three decades after the West started trading with China, it is still run by the Communists, if anything much stronger now at the expense of the smaller industrial countries like Japan & Western Europe. While hot companies like Apple have been making mega billions with cheap Chinese labor, those that stumbled like Motorola, Nokia or were lured to China with the promise of a huge market ( e,g. Siemens, GE, Kawasaki ) and yes NXP were reduced to agree to their open blackmail and then have had the "pleasure" of being eaten ALIVE ( their technology stolen ) like in a fine Chinese Banquet.
Within a decade large US corp.s like GE will also be owned by the Chinese Communist Party. The only way to stop the rot is to boycott. There are enough opportunities outside China ( as usual Intel is smarter and ahead =of the pack dominated by Wall St. shysters and have moved Assembly & Test to Vietnam )
The Other Tesla David Blaza5 comments I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...