Manufacturing + Service

choi

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(1) Don Lee, U.S. Manufacturing Attempts a High-Tech Comeback; An unusual public-private partnership to build a high-tech industrial cluster in Albany, N.Y., could provide the framework for economic revitalization nationwideLos Angeles Times, May 15, 2011.
http://www.latimes.com/business/la-fi-manufacturing-revival-20110515,0,569232.story

Two consecutive pragraphs:

"The U.S. share of global chip-production capacity, practically 100% in the 1970s, has been sliding for years — down to just 14% in 2009. The domestic industry's workforce has shrunk 45% in the last decade.

"The Albany plant is expected to employ about 1,400 workers, many of them $40,000-a-year technicians and equipment operators.


My comment:
(a) Willy SHIH, also knonw as Chintay SHIH or C-T SHIH 史欽泰, is a full-time priofessor at Institute of Technology Management, National Tsing Hua University, Taiwan 國立清華大學科技管理研究所
http://www.tm.nthu.edu.tw/people/bio.php?PID=6
(click Writing)
(b) To my surprise, the pays in Global Foundries at Albay is low. The average starting salaries for an engineering college graduate is more than 40,000 even at the depth of the recent Great Recession. No wonder those (pays) among semiconductor workers of Taiwan are not high, even by local standard.


(2) The Service Elevator; Can poor countries leapfrog manufacturing and grow rich on services?  Economist, May 19, 2011
http://www.economist.com/node/18712351
("The authors argue that technology and outsourcing are enabling services to overcome their former handicaps. Traditional services such as trade, hotels, restaurants and public administration remain largely bound by the old constraints. But modern services, such as software development, call centres and outsourced business processes (from insurance claims to transcribing medical records), use skilled workers, exploit economies of scale and can be exported. In other words, they are just like manufacturing")


(3) Binyamin Appelbaum, Employment Data May Be the Key to the President’s. New York Times, June 2, 2011 (title in print).
http://www.nytimes.com/2011/06/02/business/economy/02jobs.html?_r=1&scp=3&sq=roosevelt&st=cse

The first two paragraphs:

"No American president since Franklin Delano Roosevelt has won a second term in office when the unemployment rate on Election Day topped 7.2 percent.

"Seventeen months before the next election, it is increasingly clear that President Obama must defy that trend to keep his job.

My comment: There is need to read the rest of the report.

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