With so much capacity in China, design centers in India can look at fabless IC development.
China chipmaking to explode through '08 | CNET News.com: "Twenty new chip-fabrication facilities will be built in China between now and the end of 2008, according to a report, a situation that will be good for semiconductor equipment manufacturers but may create problems for chipmakers.
At this rate, China will likely increase its output of chips faster in relative terms than other nations, according to the report from the Semiconductor Equipment and Materials Institute, a trade group representing equipment manufacturers."
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