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_hm
User Rank
CEO
re: NXP today: 'Practically a Chinese company'
_hm   5/1/2012 1:35:51 AM
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Does NXP also has design centre in China? To me it is ok. Honda also sells more two wheelers in India as compare to Japan. Suzuki also sells more car India and as compare to Japan.

abraxalito
User Rank
Rookie
re: NXP today: 'Practically a Chinese company'
abraxalito   5/1/2012 12:35:36 AM
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Indeed a very interesting article - but it almost seems to be trying to imply that Apple is responsible for the demise of De Anza college through their (fairly extreme) tax avoidance. To me that looks like a piece of political propaganda!

Mxv
User Rank
CEO
re: NXP today: 'Practically a Chinese company'
Mxv   4/30/2012 11:53:46 PM
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We are fooling our selves. The very profits these corporations are gathering are not going into hiring (at least not here). CNBC reports that corporations are planning to raise dividends or make acquisitions (mergers). We all know what happens after mergers -- L__offs. The rich just keep sticking it to the American Middle Class. Look at Greece to see what America will be in a few years: http://www.bbc.co.uk/news/world-europe-17898561

Mxv
User Rank
CEO
re: NXP today: 'Practically a Chinese company'
Mxv   4/30/2012 11:46:47 PM
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Thanks for letting us know, Mr. Clemmer. Now I'll lump NXP in along with all the other PLA companies I won't do business with. Don't want any products with Tibetan blood on them. That goes for Apple too. Once the rebel brand, it now represents the very totalitarian regime it once decried. Fool me once...can't be fooled again!

SiliconAsia
User Rank
Rookie
re: NXP today: 'Practically a Chinese company'
SiliconAsia   4/30/2012 10:59:10 PM
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If NXP is indeed practically a Chinese company, when would they have practical Chinese CEO?

Frank Tu
User Rank
Manager
re: NXP today: 'Practically a Chinese company'
Frank Tu   4/30/2012 10:11:21 PM
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N X P = Netherlands eX-Patriot ? 1/3 employees in China sounds a bit high, but most chip companies these days have large eyes on China as a market. Always be wary of anyone comparing themselves to Intel. You know they're not "like Intel".

docdivakar
User Rank
Manager
re: NXP today: 'Practically a Chinese company'
docdivakar   4/30/2012 9:33:51 PM
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@Junko: nice expose'! I like Mr. Clemmer's openness but I seriously doubt if he would do well as a politician... or for that matter, an Ethics Professor! How long can any corporation continue along these lines? Are they all working toward an end goal of uber profitability? MP Divakar

Zeev00
User Rank
Rookie
re: NXP today: 'Practically a Chinese company'
Zeev00   4/30/2012 9:09:33 PM
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"Taking reasonable steps to reduce taxes is something everyone does and is fine, but to go to such lengths; twisting loopholes and such equates to not paying your fair share." Pray tell, could you define for us what going to "such lengths" is? And while at that, could you also define what one's "fair share" is?

Duane Benson
User Rank
Blogger
re: NXP today: 'Practically a Chinese company'
Duane Benson   4/30/2012 8:09:44 PM
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I don't begrudge any company profits. Companies are in business to make money. If they don't they go out of business and any tax revenues they had generated go away too. However, I do believe in being good corporate (and private) citizens. Taking reasonable steps to reduce taxes is something everyone does and is fine, but to go to such lengths; twisting loopholes and such (Apple is far from the only company doing this) equates to not paying your fair share. If companies are squeezing salaries, off shoring jobs and sheltering profits, then they are not creating the wealth that they often use as an excuse to push loopholes to such extremes.

Gil Russell
User Rank
Manager
re: NXP today: 'Practically a Chinese company'
Gil Russell   4/30/2012 7:58:23 PM
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Thanks Junko. Corporate lack of community is now an issue. Wonder how many CFO's now consider it a potential lightning rod...,

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