c/canada · by Sunshine@lemmy.ca · 1yCanada plows another $210M into IBM’s Quebec chip plant - The Logic https://thelogic.co/news/exclusive/ibm-semiconductors-canada-investment/51 points · 15 comments · view on lemmy.world
15 Comments
Grabthar@lemmy.world · 16 pts · 1y
Why keep posting from this hard paywall site? If you have a sub, please post the article.
Shadow@lemmy.ca · 11 pts · 1y
https://archive.is/obwis
HellsBelle@sh.itjust.works · 2 pts · 1y
It opens for me using DDG.
Daryl@lemmy.ca · 6 pts · 1y
zipzoopaboop@lemmynsfw.com · 6 pts · 1y
What does ibm even do nowadays
toastmeister@lemmy.ca · 2 pts · 1y
Phoenix pay.
k_rol@lemmy.ca · 2 pts · 1y
They make tons of money in mainframe and consulting.
sbv@sh.itjust.works · 1 pts · 1y
They're still earning gazillions from patents, aren't they?
k_rol@lemmy.ca · 1 pts · 1y
Oh probably
morbidcactus@lemmy.ca · 1 pts · 1y
They seem to buy a lot, bought Hashicorp (terraform) recently, redhat was like 6 years ago now.
People I know there though, they work in the consulting arm.
ImmersiveMatthew@sh.itjust.works · 5 pts · 1y
But IBM is an American company? Why is Canada now plowing $210M into Canadian chip companies/startups. Chips is the new oil.
TribblesBestFriend@startrek.website · 7 pts · 1y
It is explained in the article. IBM Bromont is in Canada since 72 and since the Biden administration is trying to flee Taiwan for fear of the Chinese
sbv@sh.itjust.works · 4 pts · 1y
Isn't that accounting tomfoolery? They may be a separate legal entity, but aren't they wholly owned by the mother corp in the US? As such, profits and IP would flow directly back to the US, wouldn't they?
TribblesBestFriend@startrek.website · 2 pts · 1y
Yes, absolutely. But since they’re here the gouv probably didn’t bother finding someone else to de
nazifyAmericanizeImmersiveMatthew@sh.itjust.works · 1 pts · 1y
Xerox has been in Canada even longer but they are still an American company regardless. Just like Nintendo of America is still a Japanese company.
kandy4me@lemmy.ca · 2 pts · 1y
Plows