FTrash Infested Chao Tar Lost $200M This Year. PROUD?

makapaaa

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<TABLE border=0 cellSpacing=0 cellPadding=0 width=560><TBODY><TR><TD vAlign=top width=550 colSpan=2>Chartered stays in the red <!-- TITLE : end--><!--
It made a net loss of S$6.57 million. -ST --></TD></TR><TR>
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</TD></TR><TR><TD class=content_subtitle align=left>Fri, Oct 23, 2009
The Straits Times </TD></TR></TBODY></TABLE></TD><TD width=400 align=right><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR><TD vAlign=top align=right> </TD><TD height=15>
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</TD><TD vAlign=top align=right><FORM method=post name=emailToFriendForm action=emailToFriend.jsp><INPUT value=/vgn-ext-templating/asiaone/emailToFriend.jsp?vgnextoid=e145ef17bd084210VgnVCM100000430a0a0aRCRD&vgnextchannel=8269835dd2322110VgnVCM100000bd0a0a0aRCRD type=hidden name=emailToFriendPageURL> <INPUT value=http://www.asiaone.com/Business/News/Story/A1Story20091023-175544.html type=hidden name=emailToFriendStoryLink> </FORM><SCRIPT> function openEmailA1AdminWindow(emailToFriendForm) { var emailToFriendPageURL = emailToFriendForm.emailToFriendPageURL.value; emailToFriendForm.action = emailToFriendPageURL; emailToFriendForm.target="_blank"; emailToFriendForm.submit(); } </SCRIPT></TD></TR></TBODY></TABLE><TD></TD></TR></TBODY></TABLE></TD></TR><!-- Story Without Image / With eXtra Large Image End --><TR><TD class=bodytext_10pt colSpan=3><!-- CONTENT : start -->By Serene Luo
HOMEGROWN chipmaker Chartered Semiconductor Manufacturing was unable to arrest its downward spiral and continues to be in the red this third quarter.
It made a net loss of US$4.7 million (S$6.57 million), compared to the US$24.4 million it lost in the same quarter last year.
<TABLE border=0 cellSpacing=2 cellPadding=2 width=300 align=right><TBODY><TR><TD><SCRIPT language=JavaScript src="/static/ads/scripts/adsimu.js"></SCRIPT></TD></TR></TBODY></TABLE>To date this year, it has lost almost US$143 million, including a US$8.4 million transaction cost related to its proposed buyout by an Abu Dhabi company.
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CSM fill at the rim with FT cannot keep afloat.

while TSMC and samsung, fill with their local, which barely speak english can be very profitable.

 
This is a classic example on the abysmal and costly failure of the Old Fart's FTrash failure. Heard that they are retrenching Sporns again after being bought over by the oil sheihks!
 
CSM fill at the rim with FT cannot keep afloat.

while TSMC and samsung, fill with their local, which barely speak english can be very profitable.

I wonder about the makeup of these GLCs:confused:

Is the management made up of political cronies? Who monitors the managements mis-spending???

Do they ever carry out any post mortems as to why these GLCs have poor performance :confused: :confused: :confused: Or do they simply sweep under the carpet & repeat the same failures. :rolleyes:
 
I wonder about the makeup of these GLCs:confused:

Is the management made up of political cronies? Who monitors the managements mis-spending???

Do they ever carry out any post mortems as to why these GLCs have poor performance :confused: :confused: :confused: Or do they simply sweep under the carpet & repeat the same failures. :rolleyes:

Most of the GLCs are CEOed by PAPee dogs. The HR used to be staffed by Sporns, but are quickly being being Mudadised and FTrashised. In short, Sporns have no where to stand if they refuse to rise up and take action!
 
Run if the top is managed by a textbook scholar !

The can slow this website and the truth still needs to be brought out !
 
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