Word: semiconduttori
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Dates: during 1970-1970
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...these reasons, the leaders of several underdeveloped countries, particularly in Asia, have switched from their traditional insistence on developing locally owned industry to welcoming, or even actively seeking foreign manufacturing operations. Besides the Rollei and Semiconduttori plants, Singapore soon will boast $48 million worth of new factories to be built by Philips, the Dutch electrical giant, and Plessy, a leading British electronics firm. Taiwan's Finance Minister, K.T. Li, cites "the availability of inexpensive labor" to foreign manufacturers as a prime reason for locating in a free trade zone that the government has set up. Companies can export products...
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