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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 252.34+1.0%12:59 PM EST
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To: Sun Tzu who wrote (24779)12/16/2010 12:32:28 AM
From: etchmeister  Read Replies (1) of 25522
 
My point was that US technology (which is extremely competitive) is highly discounted by a weak US $ -
the US is giving high tech away for an apple and and egg because the US $ is very low and in return China exports a lot of marginal junk. So they undercut an US supplier, eventually put him out of business and deliver a product which is inferior.

Back in 2004, the National Steel Bridge Alliance cautioned about circumventing the Buy America bridge provisions and using a Chinese fabricator for this project. The issue developed when the single American bid for the project was higher than expected. But rather than using a value engineering process to optimize the design and decrease costs, it was decided to use a China-based fabricator and Chinese-produced steel. At the time, NSBA officials stated: "It could be redesigned more economically with a U.S.-based collaborative effort." It now appears the result of rejecting that option will be increased costs and substantial delays in project completion.
tradereform.org

And Emma ships more junk made in china
youtube.com

And than there is IP ; SMIC stole TSMC's IP and thank God SMIC received some well deserved spanking.
SMIC never recovered because not one fabless chip maker will trust them
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