Singapore gets network boost
3Com to plunge $70 million into the island
The beleaguered island of Singapore got a boost late last week from 3Com, which has decided to invest $70 million in a manufacturing plant. The factory will be located in Changi industrial park and will make network interface cards (NICs), USR modems, hubs and other products in 3Com's range. The site will also include a customer administration office and a logistics centre for the Pacific Rim, said 3Com. According to senior 3Com VP Doug Spreng: "Asia offers exciting opportunies. We are determined to make a long term commitment in this region." That is good news for Singapore, considering the number of chip and hard drive companies which have shut shop on the island during the course of this year. ® Click for more stories Click for story index
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