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“Perhaps only 7 to 10 percent at most of the cost of producing a wafer is labor. So there is a whole host of other factors that make a wafer fab competitive and the cost of labor is not really one of them.”
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“Obviously the newcomers have a shorter period of time, they learn from the mistakes of others and so on,”
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“But I still think China has a lot of problems that will hinder the growth and development of the chip production industry.”
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“A wafer fab (fabrication plant) is something very complex and a difficult business to run and operate,”
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