Exporting Brains
So, even the Americans are beginning to see the dangers of fab-lite strategies. The author of the Innovators Dilemma, Harvard Business School professor Clayton Christensen, says that going to foundries is an exporting of brains.
In Europe, Malcolm Penn, CEO of Future Horizons, has been arguing for several years that the move to go fabless or fab-lite by IDMs is a long-term disastrous route for the semiconductor industry.
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