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China made investments in AMD when they weren’t doing well. If they wanted to, they could have hired away AMD’s team instead. Maybe people miss the notion that
by lambdasquirrel 7y ago
China made investments in AMD when they weren’t doing well. If they wanted to, they could have hired away AMD’s team instead. Maybe people miss the notion that this particular strategy had likely kept jobs in the US in the longer term. It is a similar strategy to Geely’s ownership of Volvo.
But of course you can expect the WSJ to spin it this way.
- azinman2 7y agoPerhaps some might have gone, but the majority in Silicon Valley would have just stayed there, going to Intel, IBM, Apple, and other ARM makers. People don’t change countries randomly (and so drastically) because they lost their jobs.
- harry8 7y agoand they don't need to if they don't want to but switch employers, branch offices are a thing.
- lambdasquirrel 7y agoThe counterpoint is, you have to remember the timeframe when a lot of these hardware companies were not doing too well. I had many friends who got laid off around the same time. Many had mortgages. As a rule, hardware companies of this sort do not just start up.