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Dial 1-800-Philippines for call centers
Often ignored as an economic laggard, the Philippines has beaten India to win the top spot for offshore call center outsourcing. That's amid fresh grumbles in the U.S. over sending jobs abroad. Video
UPDATE 1-LDK Solar to sell stake in Chinese plant for $219 mln
* To sell stake to Jiangxi International Trust
* To use proceeds to strengthen financial position
* Shares jump 14 pct
Nov 17 (Reuters) - Solar wafer maker LDK Solar Co Ltd (LDK.N) said it agreed to sell a 15 percent stake in its Chinese polysilicon plant to Jiangxi International Trust and Investment Co Ltd for about $219 million.
Shares of LDK Solar jumped 14 percent to $7.63 in trading after the bell. They closed at $6.71 Tuesday on the New York Stock Exchange.
"Jiangxi International Trust and Investment Co's investment in our 15,000 MT polysilicon plant will significantly strengthen our financial position and increase our near-term operating flexibility," LDK Solar Chief Executive Xiaofeng Peng said in a statement. (Reporting by Arundhati Ramanathan in Bangalore; Editing by Deepak Kannan)
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