San Antonio Sony Plant to Close

While there is much excitement about the new Toyota truck plant coming to town, San Antonians are nervous about recent electronic plant closings in their area. Sony Electronics announced plans Friday to shut its chip manufacturing plant by the end of September. 600 jobs would be lost if the plant closes. Why is it closing? " The site is suffering from the tremendous erosion in the semiconductor industry in the last few years," Sony spokesman Greg Dvorken said.

Sony's news comes just weeks after Philips Semiconductors said it would close its chip manufacturing plant here, laying off 520 employees who make on average $69,000 a year including benefits.

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