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Freescale plans Scottish fab closure |
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Jul 10, 2007 at 01:37 PM |
According to David Manners' news story at Electronics Weekly, Freescale's fab in East Kilbride, Scotland is to close with the potential loss of over 1,000 jobs as the company seeks a buyer for the facility.
Rumors of such a move by Freescale have been muted since private equity firms acquired the company and a move to an asset-lite business model would be accelerated under the new ownership.
The Electronics Weekly story can be viewed here: http://www.electronicsweekly.com/Articles/
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