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Re: Germany different than France?
boblespam   3/10/2014 3:25:16 AM
It may sound incredible on the other side of the Ocean, but France != Germany !

(the even was a small fight beetween them a few years ago)

But it has nothing to do with this fact, here. The foundry was sold to LFoundry which made a subsidiary out of it. This way they can take the good out of it (running orders) and then place it under bankruptcy when they don't need it anymore.

This way they don't pay the collective (or individual) redundancy plan, not even the last month salaries: those will be paid by french salary insurances (AGS).



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Re: Germany different than France?
garydpdx   3/8/2014 6:36:55 PM
Another thing that's odd ... the German parent is on the side of the defendants while the French foundry subsidiary is in the class action with the plaintiffs!


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Germany different than France?
krisi   3/7/2014 3:26:54 PM
Inetersting story Peter...but why why would it be easier for Germans to close the fab than for French? I would think labour regulations would be equally stringent...if they sold to China that would be a different story

In conjunction with unveiling of EE Times’ Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. One of Silicon Valley's great contributions to the world has been the demonstration of how the application of entrepreneurship and venture capital to electronics and semiconductor hardware can create wealth with developments in semiconductors, displays, design automation, MEMS and across the breadth of hardware developments. But in recent years concerns have been raised that traditional venture capital has turned its back on hardware-related startups in favor of software and Internet applications and services. Panelists from incubators join Peter Clarke in debate.
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