LG Electronics’ Debacle in South Wales
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- เผยแพร่เมื่อ 10 พ.ค. 2024
- In 1996, the Korean chaebol LG announced a 1.7 billion pound investment in the city of Newport, South Wales, the United Kingdom.
The high tech manufacturing facilities - consisting of two parts - would have created over 6,000 jobs.
Unfortunately, LG never managed to produce that many jobs, despite a grants package announced to be worth nearly a quarter of a billion pounds. Though not all of that was paid out.
This is a rough story. In this video we are going to talk about LG Electronics' ill-fated manufacturing efforts in South Wales.
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This story is also a reminder of hard truths to which many politicians seem oblivious; that foreign investors can pull their money *out* of a country even faster than they put it in - and that they have no reason to feel loyalty to that country - vide, LG switching from Wales to Poland as soon as it became cheaper for them to do so. I sincerely hope this example is not lost on the Poles.
The EU operates a moving company policy, it pays for the cost of moving your company, to a high unemployment are in Europe.
It only seems to work with British companies, IE a section of Cadbury, Terries moved to Poland.
They also quarantee a low wage workforce and give 10 years free rent.
So of course a companies going to take it.
Bravo for this video. I was the locally hired, electronics engineer responsible for developing, delivering & supporting CRT & deflection yoke production systems to LG in Wales, Philips DY in Tyne & Wear & also Thomson Polkolor in Poland. My employer was called IPS from Canada, later Photon Dynamics. My equipment became the entirety of the output stage of the factories in Wales & Poland with my final projects being a partial, but never adopted at mass, shift to Philips Real Flat in Tyne & Wear, with a new generation of deflection yokes that could only be aligned by machines we developed. The technology at all 3 plants was eye watering, some of my most impressive & complex work in my 35 year electronics career was in this period. As do the LG, Philips & Thomson workers, I have proud & fond memories of these years.
time to end the UK, all it provides is false hope and jobs that disapear when wages increase slightly!
Worked as a test development contractor for Philips CRT's when the display merger with LG came through.
Joke was the new name was going to be "Lucky Philips" at the time.
Spent good amount of time in the sites in PTE&PPD, Eindhoven (NL), Aachen (DE), Hranice (CZ), Nanjing (CH) and glass factory in Zenghzhou (CH). Transition to LCD cam much faster than anybody anticipated.
The very shallow CRT displays were still in development when the whole thing shut down.
edit: typos
Oh , and about LG business in Poland ... my friends told me stories it was a real labor camp, to the point where if you refused to work overtime , you were threatened with your contract being terminated , and your family members contracts at the same place as well, for good measure. Asian workplace culture 101 right in Europe's heartland, including singing a song at the start of the shift.
I saw the group calisthenics done to nursery rhymes played overhead while working at EGAT in Taiwan. There was one guy that would hide under some stairs eating a donut. It was hilarious!
@@iridium8341Where the heck did that come from? Why do you types always have to turn normal discussions into chimpanzee shit-throwing fiascos?
Other than the song, that sounds just like factories in the US. Better, actually. In the US, not only can they, but they _will_ fire you without cause, as well as blacklist you to any other employers in the same field. Plus, and you have no (or extremely little) support from the government while you're unemployed, also no healthcare.
@@ericcarabetta1161 Not if there's a union protecting the workforce. Or, are you going to attack unions next?
BS dude, in the US you get overtime for going past 40 hours in pretty much any factory, unless that company has SOMEHOW figured out how to label you as contract workers which doesn't work most the time, and why unions are good.
There's a lot of warehousing jobs that got labeled contract work but that's under attack, with the help of unions and the Democratic party.
So yes, when in the past a company was able to get away with labeling its workforce as contract workers they've been abused. When the US govt. started cracking down on that label being used so widely along with unions going after these companies, a lot of it has shifted back to full time work, in which case a company suffers when you go over 40 hours.
So best advice, don't take work as a contract worker when you know it should be a job that requires a company to designate you as an employee. And the more you vote Republican, the more you vote for people who will figure out how to weaken protections for workers, and that's FACT. OHHHHH, ALL THIS REGULATION IS TERRIBLE!!!!!!!!!!!!!!!
You mean it's terrible that people and the environment which supports life and the well being of the people who live there should be protected?
@@iridium8341 Poland doesn't belong to German, Czech, and certainly not Russia! Russia and Germany both caused more death in Poland, by percentage of people, compared to any other state in WW2.
Very good video, thanks for reminding us of all the details. One tiny error in the narration though is that there was no identified Welsh government with devolved powers until 1999. Before Welsh affairs were handled British government through its Welsh affairs department.
Glad I'm not the only one who's pulled the creators up on this. Lead me to find out a little more about the history myself. Put two interesting links in my comment just now.
Deflection as it was the same Welsh faces at the WDA that later and still do run much of the useless Welsh 'government ' projects.
Ah man, what a mess this was. I'm from the area and saw a lot of this unfold at the time. One side effect was the motorway link road that was built for this but never used, which turned into an illegal waste tipping site they only recently cleared.
Newport was also home to an INMOS fab. My neighbour worked there and was on trips to Korea frequently. It currently has Newport Wafer Fab, one of few in the UK I think, which has been caught up in government issues regarding Chinese investement.
An American company called KLA have also moved in
and thi sis the biggest reason why the UK should end!
@@mihangelap-williams9871 whats wrong with you?
@@dietcab-kem6142 tell me why Wales should stay in the UK or how Wales has ever benefited from this union and then I'll tell you what is wrong with me
Deal and ps it's this union that is what is wrong with me
Your insight, understanding and empathy for UK industrial strategy is staggering: I watched your ICL story, your Siemens N.E England fab story and I’m in awe, if only any British Minister had your grasp of the past, they maybe able to figure a future, because, like the Taiwanese, the British worker is truly remarkable
Lol there hell and heaven difference between Taiwan workers and British ones. They break their back working long hours. The same isn't true for British counterparts.
Britain is famous for its unionised workforce, with unions that cannot see the big picture. The UK car industry was destroyed by five main things:-
1. Incompentent management;
2. Unionised workers often on strike.
3. A pervasive worker attitude of "us against them'" - workers constantly screwing the company.
4. No commitment to quality.
5. Government meddling, including giving grants to the most lame of companies..
The British electronics industry was destroyed by the same things.
@@ASK-ko9qx having grown up in the Midlands and seen my friends and family work dawn til dusk….I know this is the comment of an ignoramus
@@keithammleter3824 Keith …wake up… I spent a decade working with German manufacturers, their unions are more switched on, and more effective than anything in the UK: stop drinking the coolade 🤯
@@mckengineer5727 Oh well. I am telling you the facts. And facts don't care about your feelings.
I worked for Daewoo in the 90s and 2000s as an Engineer and Manager. We made VCRs for the EU and eventually panels TVs from HQ designs, however for the technology change HQ failed to invest. We (the UK factory) did quite well initially working with other UK design companies for digital TV, however we couldn't compete financially with Chinese products which were sold at a loss. We initially made high performance products which were the best on the market but morre costly. Gradually as the market commoditised we moved to low cost products, but that still performed well at a very reasonable price. However retailers had de-technicaled (I made up that word :)) by then and were not able to tell the difference between products that would cause them a high return rate and those that wouldn't, we were losing deals over 50p a unit. These things are mostly made by machines, the labour cost difference didn't add up to much, it was the simple requirement to make a profit that was the problem. Anyway HQ didn't provide much sales by then, and eventually came in and wiped out all the Koreans that had defied them in doing our own business. We had been treating the company as a business, this had been encouraged some time ago, but later as things high up deteriorated this defiance was blamed for the company problems, and they took over as a more HQ controlled company. At that point I (as one complicit in the defiance and refusing to make risky decisions) was made redundant. My successor then made a risky decision which then pretty much killed the company and it was closed a year or so later. Ultimately technology changed to mobile phones and streaming devices, there was much less need for multiple home AV products. It was quite interesting to see the very slow reaction, denial and inability by HQ to respond to technology change.
Thats free market for you
Chinese products were not sold at a loss, they we manufactured for less.
@@unreliablenarrator6649They weren't I've worked with Chinese Manufacturers, they told me. Breakeven is success in China.
The strategy in the 90s was sell at a loss then reduce the cost with volume to make money, but that stopped working by the mid 2000s, every part and material was as cheap as it was going to get. This is partly why China is struggling today, that and their tofu dreg houses and infrastructure.
Or Pace that moved manufacturing to China. They stole the tec and a few years later Pace ceased to be as a satellite box maker
@@unreliablenarrator6649 And they blatantly steal technology
Hilarious that Foxconn told this exact same story (right down to the LCD panels) and Wisconsin fell for it.
Finally ! Watching all your vids I hoped you will touch on this one.
For 3 years I was passing this factory on my way to work , always wondering how it came to be and what went wrong. Back in 2010 it already looked empty, abandoned and nearly derelict .. well, now I know !
Cardiff did get an improved water waste treatment plant and an upgraded flood defence on the Severn esturay. The latter we might yet be grateful for.
Great video. It shows the fragility of business in the tech sector as they are unable to pivot to new manufacturing techniques and the competition from low cost labour markets.
I feel for those that lost their jobs in this mess.
I have a theory that governments 'invest' in projects like these which employ people for a few years and then fail for four reasons:
1. They are seen to be doing something.
2. Reduces unemployment levels for a while.
3. Cheaper than paying unemployment benefit payments esp. when taxes are included in the calculation.
4. Occasionally a project will be successful.
My family had a Gold Star color TV for the kids room. The Parents bedroom had a fancier TV.
Great video as always!
Much the same thing happened in Scotland with Chungwa Picture Tubes. The site there is now the Eurocentral Business Park.
I have been there. I was told they were supposed to build a second production line for a new CRT they had been given grant money to develop but they never did. DId you hear about the Hyundai semi plant in Scotland that never was? I was told a 100k was spent on a fancy gate and then nothing more happened.
Wow, really wasn't expecting to see my country on this channel. The pictures of Newport you used perfectly capture how depressing the city is lol
Back in 2000 i was in a group that visited the Daewoo VCR plant in Antrim, Northern Ireland... must have been part of that scheme.
I was working, as a very young (early twenty-something) engineer at the Siemens microchip fab in north east England at this exact time. I also spent time at Newport Wafer Fab, at the numerous fabs in Scotland - Motorola, NEC, and Intel in Ireland.
At this time - and as far a I remember - there was also a massive investment from Hyundai for a ‘mega-fab’ in Scotland.
I think it’s a little disingenuous as you perhaps underplayed the massive devastation to the wafer fabs across the UK and Europe at this time that affected not only LG - but irreparably changed semiconductor manufacturing in the UK forever (l I know your mentioned intel’s furloughs - but in addition they stopped construction on new fabs in Ireland for over 4 years at this time)
Many, many large fabs closed over this short period due to the plummeting value of DRAM.
The Siemens fab - only a few years old was eventually demolished even after new ownership (think I remember correctly- Atmel)….and all the Motorola fabs and NEC in Scotland closed.
It was a shocking time - a modem high-tech industry booming, literally disappeared over a few years.
Silicon Glen came to an end in Scotland.
Intel in Ireland remained and so did Newport Wafer Fab.
I worked overseas at various fabs but left the industry after about 10 years but did spend time in the long-anticipated recovery that was happening in Dresden, Germany with AMD and Infineon, Tower in Sicily, France and Israel and - as always with Intel in Ireland and into Israel.
Motorola Bathgate made a profit in Flensburg an almost identical plant made a loss guess what one they closed ! It was cheaper to sack people in the UK
There were so many scientists inside the UK only to see them be brainwashed with wetherspoons and not actually to focus on laser machines? That is a joke....
Love those trilobites! Well said, sir! 🎉😊
Very interesting video, thanks for sharing.
Thanks for this.
I briefly worked at the CRT factory when they were making the original colourful iMacs for apple!
The whole thing or just the tube?
@@CryptoChrisCard the whole thing!
18:13 thank goodness for that, here I was thinking public money had been squandered away unconditionally, usually with these kind of stories, the state is left holding the bag so to speak.
Unrelated, but I drove by the TSMC plant under construction north of Phoenix, Arizona. Massive plant. I wonder how much water they’ll be using there.
TSMC did just announce that chip production was delayed at this plant due to "lack of skilled workers." (Although, I have to wonder how many Taiwan workers want to work in Phoenix Arizona during the summer due to the hot temperatures)
It's possibly the dumbest idea ever building a plant there.
@@clarkkent7973 was that their plan, import workers from their other plants? I assumed they would hire and train locally.
Very relevant video once again, thank you so much
I love this, I worked for CSA Catapult in Newport!
You got the pronunciation of William Hague wrong there. It rhymes with plague in case you come across him again.
never thought i'd see an asianometry video about my home town
Another excellent video.🎉
Great analysis.
1:44 I’m from the north east of England and spent a lot of time in the Newcastle area when I was a child. I have many fond memories of going to see the Christmas display at Fenwicks with my nana. It looked a lot different when I saw it but this picture brings back memories.
Not sure if the statement on 'Welsh Government' is correct as devolution only started in 1999. It should be the UK government and there would've been ministers for Wales who would look after this. There might have been separate County councils or district/Borough councils.
Interesting video nonetheless
Correct, these were UK government organisations and policies. There was no separate Welsh Government like today.
He's just got mixed up details.
Otherwise good video as always on this channel.
Something similar happened, I think that with Samsung, in my city, Hospitalet del Llobregat, Barcelona. They built a massive plant to make flat panels...and the idiots in management and the idiots in government tough for some weird reason that 7-8 year technology was what the plant needed to succeed. It lasted less than 10 years if I recall well.
They move in get HUGE grants stay as little time as they can and move on ! The EU drives the corruption and the huge waste
@@gowdsake7103 Ehh. No. Was the local government who gave the land and huge tax cuts to the company. As they left before it was expected, they had to pay back a quite big sum of cash, plus the employee rights are pretty strict in Spain, so everybody got a good liquidation and if needed unemployment benefits. It was bad, but as far I know It was not a disaster.
Hey, I used to work in that building a few years ago
in Poland LG working its horrendous....many mentioned and glad to see this issues brought up
Working yourself haft to death is a South Korea tradition 😱 that’s one of the reasons they have the lowest fatality rates in the world 0.78 per woman in 2022
That’s crazy, the population collapse will be huge.
$16.81 per hour seems like an inconceivably high wage for a UK factory worker in 1992 (or 1997) - I'm sure Poland was lower but where did you get that number from?
He did say "hourly wages", rather than factory workers' wages. Also $:£ was different then, so $16.81 would be about £9.50 . . . but even that looks high; you're right.
Yup, min wage was £7 an hour around that time
Sounds very similar to the Hewlett-Packard pc assembly plant in Heerenveen. The company was welcomed in 1997 with major government subsidies and a giant factory built but the promised jobs never materialised and to company moved to Hungary only four years later apparently because of labour costs and the collapsing pc market.
Thanks for doing this one - there was a lot of hope for this factory to provide jobs after the decline of the coal industry but it never came to fruition.
Major typos: Poland and UK wages in *2002* not 1992. Cool video, cheers.
How do you keep pumping out videos so quickly?
How is there this same exact comment under each and every video of him :D
Oh I remember when the trilobites first came to this town, with their fancy new ideas and their fresh faces. Well where are they now? Huh?!
Great video, thanks 🙌😊👍👌🍀
Hi all ! Is there any Asianometry clip about the BIREN Chip? march 2023 - nvidia A100 (and other inference chips) replacement. BTW there is also Esperanto 1000x Minions Chip .
4:04 - "Until recently mobile phones". I have one the last LG mobile phone models, an Aristo 5. I got it, because it was the physically smallest phone that provider had. Still bigger than old Galaxy S3, that finally died.
Wales ceased to have a “Government” since mediaeval times until 1999 when a Devolved Government was established. Certainly not active during the eras mentioned, describing the history of Newport, in this piece.
I recall Labour's Ron Davies diverting funds from Welsh education budget to shore up LG. Having work for a few years in Europe, I always thought it was crazy that GB would over decades pay billions into the European pot, as all that did was subsidise poorer member states to compete for British jobs, just like the Scotland vs Wales situation you described. Call centres for example. Europeans who've worked in GB and then return to their homeland will speak a clearer international English than regional Brits who only know dialect. WDA always better than the Welsh Assembly. In mid Wales there was the DBRW Development Board for Rural Wales.
We never should have expanded it if we wanted to retain industries depenent on cheaper labour.
Another one to add to the "failed in Wales" list th-cam.com/video/jCEamUarOSI/w-d-xo.html
Depression
yep, and its time Wales sorted Wales out instead of waiting for Westminister to care about us!
and that video shows we are used and abused by the UK! a throw a bone and then back to poverty!
Newport is a leader in one thing though - hard opiates
@@mikesully110 you could say that for a lot of English towns buddy
As soon as you said CRT factory I was like "uh oh flat screens soon", damn that's sad. Hope the workers didn't also get sick from working in a CRT factory.
What a cool helicopter shot of Woo-choong.
Be funny if the next frame would've been him tripping and stumbling. 😂❤
Anyways, cool vid bro. Very informative. 👍
The fall of CRT technology is filled with many tales of tragedy. We will have Vinyl forever but CRT never again.
We should bring back the CRT actually... And sustain that as an actual small r& d site etc. Just like Japan did etc...
I'd like to see a video about the similar Foxconn debacle in the US State of Wisconsin.
Thanks vor Videomaterial. There is a lot of to learn for police makers.
beautiful place, Sydney is an amazing city
Yes, but about as far as could be from the country being discussed, other than in name.
Love the channel. Please increase / up the volume. It's quiet when listening on max volume on my phone and walking in the countryside.
In the 1970s, there was no real welsh govt. It was a ministry of the UK attached to the Welsh office (more administrative, carrying out the wishes of the UK govt). Devolution occured in 1999(?).
When Lucky-Goldstar's diskettes entered the market, Dysan's diskettes disappeared because of the enormous price difference.
I remember seeing the price difference, and earnestly asking if these Lucky Goldstar diskettes could be any good (it does sound a bit cheap and cheerful as a name).
Foxconn in Wisconsin USA, did the exact same thing but the state of Wisconsin paid out $$$to Foxconn . No large TV flat screen plant no incubators nothing
I don't think many in the UK were getting anywhere near those pay rates in the early 00s
Certainly not in 92.
Nowhere near those pay rates!
This sounds like it was a big mess all around. Thank you for another interesting episode.
On an unrelated note, I would very much like to visit Wales one day. Does anybody have any places in particular they would recommend? Thank you in advance.
God be with you out there everybody. ✝️ :)
Scotland is way better than Wales ....bigger mountains ...more rain and less child molestation....
The services on the English side. Just stand there and watch.
@@elizabethwinsor5140ginger perhaps?
Aberystwyth is lovely, if a bit touristy. Would definitely recommend.
Newport has been regarded as a bit of a... for a while now. Well, there are certainly some nice bits but you get the picture. Anyway, this might have something to do with it although there is new investment now which is improving things. What I'm saying is that I expect it was a great place to work, at the time. I'm a little too young for that to have been a possibility though.
well its what happens when you put a bridge on the river and charge a DEPRIVED area to enter it and then all investment goes to, you know, Avonmouth!
and people wonder why I say its time Wales leaves the Uk as it keeps us POOR!
5:16 is he in or on the way out of the heli? :D
I was one of the lucky/unlucky workers . It was one of the best jobs I've ever had . These guys are way ahead in technology imo. I was lucky to visit many factory and r&d sites in S Korea, changwon , Pusan, Seoul, Hyundai ! Hats off to the Koreans 😮🎉🎉😊
We all knew 3 years in it was doomed !! 4-5 phases, lol. The huge crash in the Korean market was unlucky. Right place , wrong time.
The semi con site is doing well. Vantage, I believe, has set up site.
The railroad going through the castle lol 3:26
Ive been visitinf AOC factory in Gorzów Wlkp. in Poland in 2012 - there were not so many Polish engineers nor manufacturing labour hired in there :)
I assumed this was about New South Wales when I saw the title
Even though it says South Wales not New South Wales?
All wasnt lost. LG ended up manufacturing flat panel tv's too although not in Wales.
The fact that Hynix gave back £30m and land worth £15m is honourable... I don't think US companies would have done the same
Interesting. I recently visited that part of Wales for the first time. It continues in a state of economic desperation. An interesting contrast to where I live, in Ireland.
yup, Newport is a horrible depressing place
Since 1999 it’s got worse, strange how that’s when Wales started making its own decisions 🤔
Thank you for this description of what, at first, appears to be a simple failure but which is mired in complex political and economic history.
The chronology here is somewhat clouded by certain terms which are simplified.
The Welsh Government, for example. Wales has had continuity of government of course, however, until 1999 Wales was wholely governed from England, from Westminster by the UK government under the supervision of the Secretary of State for Wales. Not by any means, were the interests of Wales observed, as exhibited by the Westminster government's dismantling of the Coal and steel industries, precipitating the massive increase in unemployment to which reference is made here, this was politically as well as economically motivated as these industries were strongly unionised and the Thatcher government, elected first in 1979 was focussed on breaking the power of the trades unions by shutting down their power bases. The role of the Secretary of State for Wales still exists. It is still used in an anti-democratic way and a conservative has always appointed even though they represent a minority of Welsh MPs in West,minster and in The Senedd in Cardiff.
The price for this dissolution of industry is that although there are still massive iron and coal reserves under the soil of Wales, there is no infrastructure to take steel production forward.
Industrial relations in Korea and Japan are conducted very differently than in the UK and the encouragement of investment from these two industrial powerhouse nations was partly to introduce progressive working practices and close feedback relations between workers and management with its corresponding increase in productivity.
Forty years of monetarist government has overseen a steady increase in the number of low paid jobs, reducing unemployment but also maintaining a ready pool of cheap labor which complements the rise of automation and robotics, computer systems which require less skill and less specialism.
Projects, such as the above, another example might be Ford in Bridgend, have been implemented as a replacement for the long dead subsidised industries, they are seen as better because they appeared to have a future market and therefore represent a safe, long term investment, they also introduce new skills and new technologies but they have been shown to be temporary, subject to the whims of their investors and very costly to the UK government.
'Newport is Wale's sixth-largest city' ? In point of fact, it is the third-largest Town/ City.
And the mines were gone by the 1880s, you are out by a hundred years.
Nobody's perfect, Right. Good vid.
huh, youtube animated the subscribe button the moment you said "subscribe". it did it everytime i rolled back the timeline.
Nice video but minor issue: the Welsh Government didn't exist before 1999.
I have 12 LG cell phones, all with Quad DAC.
Ah, so you're the reason there aren't LG phones anymore.. You purchased the entire supply! 😉
If I knew that lg was manufactured in the UK. I would've bought it.... Instead.
Why couldn't the building be used for semiconductors after LG left. Why did the building need to be torn down?
Would have been nice to repurpose the space to a university for teaching/experimenting.
The semiconductor machines would be moved abroad, so what you’re left is a big shed.
The building wasn't completely torn down, but instead a data centre moved in.
Flat screen/LED displays killed this factory before it started
Thanks for another vid
wales is going back to its pre industrial population of 500,000 - all second home owners from cross the border
I am a bit confused by the facts and figures spoken and presented on screen at around 01:40. You say about the welsh government subsidising "state owned" industries in the 70's and 80's, but the Welsh Government didn't exist until 1998. The national UK conservative government of the 80's actively encouraged the closure of industries and also severely reduced any subsidising of "state owned" industry. The unemployment figures quoted were during the UK conservative government tenure which didn't end until 1997, having come to power in 1979.
What consecutively secured the demise is also the lack of social media connections. I.e. UK users being forced apart and away from such sites and products such that the free market had too much analytics that basically killed off its demise etc.
There was the Welsh Office, which was the branch of GB government responsible for Wales, so maybe 'Welsh government' was shorthand for that.
In the mid 1990s the Welsh secretary was a young up and coming William Hague and for a time he was the golden boy and got some things done, a benevolent and forward thinking dictator for Wales.
Poland mentioned 🇵🇱
Pretty weird how Welsh Government did anything when in the 70s when it wasn't formed till '97.
I went for a job there in 1998. What a joke that was.
i'm sorry but the average wage in the uk was not anywhere near $16.81, where on earth did you get that from?
LG is not a "leader" in Lithium Ion batteries unless the success criteria is the greatest number of manufacturing defects, fires and product recalls. Seriously, LG may have scale ad have attracted a lot of foreign incentives to build plants (you core subject here) by success based on innovation and organic growth is not their strong point.
The Welsh assembly wasn't set up till 1990
What do you mean by "Welsh Government"? The Senedd wouldn't exist until 1999.
Companies should be expected to pay all back by law unless it would bankrupt them it’s the peoples money and we don’t get money off appliances for this the companies benefit not the people who give there money
Government’s need to make deals in the form of tax breaks and other things that are only given after.
going to be the same with battery factories
There was no Welsh Government before 1997, Devolution had never happened. All of Wales was controlled by Westminster before 1997
@@martinhughes2549 We are not taught Welsh History, we are taught about English History...
Great video, but in 1980/90’s there was no such thing as ‘the Welsh Government’…it was, and truly still is, the British Government, but there is now, a degree of devolution.
i worked here ... doing cladding it was my first real job
Neoliberal economics in a nutshell: subsidizing established local industries, bad; subsidizing the relocation of foreign business interests, good
The legacies of Reagan and Thatcher.
@@drttgb4955 >> The legacies of Reagan ...
@@tooltalk Not that it helped much. The Chinese just took over. Would be interesting to see if its possible to go Neo-Liberalism and trying to keep it local.
Say what you want about the mines they never replaced them
The word missing from the beginning of this video is "THATCHER."
Yes, thanks to her we had the WDA, another one of her positive legacies. Now replaced by navel gazing idiots in Cardiff Bay.
Newport infrastructures so janky. It needs some serious money to bring it up to spec
Wanna see some more silicon fabbing vids. Maybe what comes next after 3nm nodes or something if you haven't explored that topic yet. Thinking you have already though.
Can you make a video about turkey? anything works
not that asianometry 😢
@@DRakeTRofKBam but turkey is in Asia (mostly) 🥺
aren't turks building licensed korean artillery or tanks or smth? that could be a topic
@@wingi91 yes the Altay tanks
tearing down the factory - how very british. no one thought to repurpose the buildings?
LG means Lucky Goldstar
Just binned our 15 year old LG microwave😢....it was decent.