Texas Instruments Inc., the world's largest maker of mobile-phone chips, will spend $1 billion in the next 10 years to build an 800,000-square-foot assembly and testing factory in the Philippines employing 3,000 people to handle many types of products.
Texas Instruments in recent years has implemented a strategy of making about 80 percent of its chips and outsourcing the rest to reduce production quickly when demand weakens.
Now you know:
1. Its perhaps time to surf high while the mobile phone industry crests and
2. How to outsource the job cuts and factory closures when the business cycle troughs.
[Click here for full story at: BLOOMBERG.COM]
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