Great news! with around 4000 people laid off from intel and amkor, hope TI can take up the slack, and the laid off workers didn’t have non competes

TI prepares to open new facility in Clark

02/10/2009 | 02:34 AM

CLARK FREEPORT, Philippines – Texas Instruments, Inc. (TI), the world’s largest manufacturer of semiconductors, is expected to operate early June here, belying reports that it will abandon its plant, leaving some 3,000 job applicants in limbo.

Clark Development Corp. (CDC) president and chief executive officer Benigno Ricafort said that TI’s $1.5-billion plant is almost complete. “Equipment and other facilities, which will be used for its operations, have been delivered to its new building.”

“Some 100 of its personnel in Baguio are expected to be here to train the new workers,” he said.

He said that despite the effects of the US economic meltdown, TI would be able to employ some 3,000 workers, but gradually. “I don’t think there has been any change in that (plan),” he added.

GMANews.TV – TI prepares to open new facility in Clark – Business – Official Website of GMA News and Public Affairs – Latest Philippine News – BETA.