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British billionaire Dyson moves vacuum giant to Singapore

British billionaire Dyson moves vacuum giant to Singapore

Read more on Reuters

Contributions

  • Britain was were it all began for Dyson and, as CEO Jim Rowan said today, the UK and “Malmesbury has been the epicentre for us”.

    Dyson’s market shift towards Asia isn’t unique. Being able to manufacture the best quality products possible is THE core mission of all Dyson’s thousands of engineers. Making

    Britain was were it all began for Dyson and, as CEO Jim Rowan said today, the UK and “Malmesbury has been the epicentre for us”.

    Dyson’s market shift towards Asia isn’t unique. Being able to manufacture the best quality products possible is THE core mission of all Dyson’s thousands of engineers. Making new technology is what matters to them, not where their HQ is.

    Lots of people will continue to read into and speculate about this move - with some deliberately trying to see the worst for political gain. But, as Dyson said today: “This isn’t about Brexit” and “it isn’t about tax”.

  • CEO has already moved to Singapore since quite a while ago and their EV factory, which is one of the largest investment, is also going to start manufacturing in Singapore. So I think this is very expected move and I agree that CEO should be in the place which has the biggest opportunities.

    “it was not

    CEO has already moved to Singapore since quite a while ago and their EV factory, which is one of the largest investment, is also going to start manufacturing in Singapore. So I think this is very expected move and I agree that CEO should be in the place which has the biggest opportunities.

    “it was not to do with Brexit or tax but added: It's to make us future-proof for where we see the biggest opportunities."

  • Makes lots of sense - closer to the action and the expansion initiatives.

    Will the electric cars also clean the streets they drive on using patented cyclone technology? Cleaner energy and cleaner streets...

  • I have a feeling a lot more companies will be moving to Singapore, for the same fiscal upside Dyson sees.

  • Move their HQ sounds quite natural as long as 96 percent of its sales outside Britain.

  • Dyson sucks...literally. He’s a hypocrite Brexiteer...