[LowCountryJoe]

they will have own the industry in less then 10 years.

Do you mean that they'll dump their goods on the market, push all the competition out, monopolize the market for "chips", and then raise prices and gouge the consumers? Think that'll work for China?

[A. Pole]

Do you mean that they'll dump their goods on the market, push all the competition out, monopolize the market for "chips", and then raise prices and gouge the consumers?

Raise prices yes, but not higher so the cost of entry (re-starting from the scratch) will be too high for the competition.

[oceanview]

why not? where is the industry going to move to after china, to find lower costs. Africa? hardly an area stable enough with populace smart enough to host such an industry. in the race to the bottom, china is the bottom.