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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (18467)3/11/2004 7:50:46 PM
From: RealMuLanRead Replies (1) of 306849
 
"When Intel announced this week that it would be unable to meet a June 1 deadline for incorporating Chinese encryption standards for wireless computing in its chips, Yuping told The Wall Street Journal that it didn’t much matter, because China has chip makers too, and “we don’t have to depend on your products to survive.”
Yuping wasn’t bluffing about China having chip makers. Intel itself is putting nearly $1 billion into two Chinese plants; LMNT, a new Korean chip producer, is building a $1.5 billion Chinese plant; and SPS, an American company, is investing $800 million in another. "

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