Word: kilobits
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...helpful investment it would have been. For instance: Deutsche Telekom (whose network Malone was eyeing) now offers only 760-kilobit bandwidth to private users, whereas in the U.S. they can surf at the speed of 5 megabits. Again the basic mercantilist motto is this: "Don't help the consumer, protect the producer" - by keeping out foreign competition...
...have 4 million Chinese connected by the year 2000. At the same time, access to the outside world from China--once tightly controlled over a narrow pipeline--has quadrupled this year. As late as 1996, most Net traffic to and from China had to flow through a single 56-kilobit circuit in Shanghai, less bandwidth than many U.S. homes enjoy. Now China has a pipeline a hundred times wider, and at&t has just been hired to make it even bigger. Will China really have 4 million citizens online by 2000? "Try 20 million," says Zhang, who has watched...
...turning point for the U.S. semiconductor industry may have been in 1985, when American companies filed an antidumping petition against Japanese chipmakers. The Japanese were selling 256-kilobit memory chips at $2 each, for example, even though they cost an estimated $3 or more to produce. The result was the first U.S.-Japan semiconductor trade agreement, which set up a system of floor prices on Japanese chips. A second accord was signed last year, calling for American and other non-Japanese chipmakers to gain at least 20% of Japan's market...
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