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Article: Apple Job Cuts in Ireland May Pay Off for South Korea, Wales.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- February 4, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Feb. 4 -- Apple Computer's decision to cut more than 400 jobs in Ireland and outsource production of its booming iMAC model is shaping up as a gain for South Korea -- and possibly also for Wales.
South Korean computer giant LG Electronics is set to be awarded a $10 billion (UKpound 6 billion) contract to produce the egg-shaped computers in five colours, and much of the production will be carried out at a new factory in Newport, Wales. Korean reports, ...