Page 191 - How China Is Winning the Tech Race
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21. In March 2007, Cree gained access to the Chinese market by acquiring
the privately held Cotco Luminant Device of Hong Kong for $200 million.
The deal provides it with a low-cost manufacturing base.
22. Both Nichia and Cree claim on their Web sites that they invented the
world’s first blue LED chips.
23. The source is LEDs magazine, citing a speech by SSL Director Wu
Ling.
24. The figure for China is from Robert Steel of Strategies Unlimited.
25. The source is IntertechPira Corp.
26. The two top foundries are Semiconductor Manufacturing Co. and
United Microelectronics Corp., both in Taiwan.
Endnotes 165