Word: microcircuit
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...their total overseas ante to $64.8 billion, more than the gross national product of many a nation, and eight times the amount foreign businessmen have invested in the U.S. in the 191 years of the Republic. Americans now control 80% of Europe's computer business, 90% of the microcircuit industry, 40% of its automaking, and sizable shares of chemicals, farm machinery and oil. In Britain, U.S. companies own half of all modern industry, employ one of every 17 British workingmen, manufacture 10% of all British goods for home consumption or export. U.S. firms also squeeze out twice as much...
...process. After the transistor was invented, it caused trouble for many vacuum-tube producers, later suffered itself from overproduction and slashed prices. The transistor went on to spur the growth of the U.S. electronics industry to a record $16 billion. But now it has a rival-the microcircuit, a tiny device that represents a bigger advance over the transistor than the transistor did over the bulky vacuum tube. Last year some $20 million worth of microcircuits (mostly as missile components) were sold by a dozen companies, but the rush of firms to get into the business is so great that...
Split-Pea Circuit. The transistor took the complicated network of wires in a vacuum tube and condensed it into a simple, solid piece of silicon or germanium; the microcircuit reduces an entire electronic circuit composed of dozens of transistors and other components to a tiny latticework of thin metal conductors mounted on a base of such material as glass or silicon. At Texas Instruments, which shares leadership in the microcircuitry field with Motorola and Fairchild Camera, engineers have developed a piece of silicon the size of a split pea into which they have fused the equivalent of 38 transistors, five...
Wrist Radio. So far, most microcircuitry goes into space-age uses, but it raises vast possibilities for new products. Tiny microcircuit radios have been built that can report back medical information from inside a patient's stomach. In industry, the most widespread use will be to make computers faster and more compact. No consumer products have been turned out yet, but in the labs the entire circuitry of a TV set has been reduced to the size of a soda cracker; this may eventually lead to the long-heralded TV set that hangs on the wall like a picture...
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