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originally posted by: fakedirt
a reply to: sapien82
perfect timing to reduce labour and taxation costs. I expect more to follow.
“The move is nothing to do with Brexit or tax, it’s about making sure we are future proofed. There are huge revenue opportunities in Singapore, China is the poster child of that,” he said.
originally posted by: sapien82
From a business stand point its a good move , but not exactly reassuring the for the UK employees !
James Dyson, Fast Company magazine (May 2007), in an interview, asserted the importance of failure in ones life, "I made 5,127 prototypes of my vacuum before I got it right. There were 5,126 failures. But I learned from each one. That's how I came up with a solution. So I don't mind failure. I’ve always thought that schoolchildren should be marked by the number of failures they’ve had. The child who tries strange things and experiences lots of failures to get there is probably more creative."
In April 2016, Dyson launched the Dyson Supersonic, a hair dryer with a smaller motor located in the handle so as to provide better balance and smaller size, as well as quieter operation. Commenting on the launch, Vogue magazine said "as the first product to launch from Dyson's new UK state-of-the-art hair laboratory, we have high hopes for the future of our blow-dries."
In 2017 Dyson spent £7m a week on research and development of new products. The company is the UK's biggest investor in robotics and artificial intelligence research, employing over 3,500 engineers and scientists, and engaging in more than 40 university research programmes.
In November 2014, Dyson announced plans to invest a further £1.5bn into the research and development of new technology, including funding for an expanded campus at the Dyson UK headquarters in Malmesbury which will create up to 3,000 jobs
On 1 March 2016 James Dyson announced a second new multimillion-pound research and development centre on a 517-acre former Ministry of Defence (MoD) site at Hullavington, Wiltshire. The technology and electronics company said it aimed to double its UK based workforce in the next five or six years.