More bad news in the electronics industry in Malaysia.
German firm Qimonda, which has a plant in Malacca, has filed for bankruptcy in Munich – thanks to a global glut in memory chips.
From the Qimonda website:
Region: Malacca / Senai
Established: 1973
No. of employees: approx. 1,100
Areas of activity: Research and Development, Design and Testing, Production, Purchasing, Logistics, Planning and Controlling, Information Technology and Service, Support and Staff Functions
Meanwhile workers at Intel are worried they might end up with no proper compensation following the closure of the firm’s two plants in Penang, as the excerpt from this NST report suggests. No severance package?
While Intel has assured that it intends to offer some 1,000 affected Malaysian employees comparable jobs within its existing facilities in Penang and Kulim, a veil of insecurity and uncertainty is now shrouding those affected.


Among those who led the prayers for peace was Fr Francis Anthony, the parish priest of the Cathedral. JIM central committee member Mohd Rashid Hasnon (centre) sang the azan and stressed the importance of peace in Islam. 
Photos courtesy of beyond51.blogspot.com