Article: Apple Job Cuts in Ireland May Pay Off for South Korea, Wales.

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, ...

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