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Philips aims to outsource 50% of wafer production to Asia within five years

Samson Yu, Taipei; Jack Lu, DIGITIMES Asia Tuesday 17 February 2004 0

In a bid to further reduce manufacturing costs, Philips Semiconductors plans to be outsourcing half of its chip production to Asian foundries within the next five years, up from 10% currently, according to Rob Fletcher, a vice president and general...

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