Qimonda's business model in Vila do Conde
Pedro Guerreiro & Rui Neves in their report for the Jornal de Negócios of April 8, 2009, (http://www.jornaldenegocios.pt/index.php?template=SHOWNEWS&id=362604) reveal some insights into the way the Portuguese affiliate of Qimonda conducted its business, and I translate:
"the Portuguese factory operated always with a positive result [income, profit] as its production was always taken firm [absorbed] by the 'headquarters' (its customer), to which it charged the cost of production, and an additional margin of 1.5%. The accumulated profit amounted to near 150 million [euros], which were applied [invested?] and just left Portugal."
Coments anyone?
posted by Carlos A. Páscoa Machado @ 8:39 AM
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