Expect growth to slow, says Tharman

[yeokiwi]

hi kazukirai,
In the last decade, we were blessed by inventions in the form of mp3s, canon cameras, nintendo Wiis, iphones, ipads..that kept us going. As the industry gets more competitive and other cheaper alternatives (china, msia) catches up in terms of talent pool/IP/infrastructure, i am afraid your friends have a high probablity of been right.

Global Foundaries (ex CSM) just opened a Fab in New York, and u can guess that now everyone is doing the same (in throwing out incentives) to attract such capex. Spore does nt have home grown technology nor a world beater SOE-kind fab (the likes of Samsung, Toshiba or TSMC) to keep us growing/spending.

We have Newwater haha... Probably the only country in the world that the semiconductor plants that do not need to water filtering or slight filtering.
And no earthquake.