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The Internet is abuzz with reports that China intends to enter the high-end R&D sweepstakes in semiconductor development. They are building a well-funded research facility in Shaanxi province. How do you react to this new competitive wrinkle? How will the Chinese efforts affect the success of your own research? Should you embrace their work in some kind of partnership? Send your team to work directly with the Chinese? Circle your wagons to compete with them head-to-head? Will you turn to western-style consortia in response? What will the development landscape look like 5 or 10 years from now?
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