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March 26th, 2007
For any country looking to seed its semiconductor industry with fabs, China is a prime example of how a good idea can go bad. Just ask James Koo.
Unfortunately for Koo, who was president of the now-defunct Nanotech Corp., China's love affair with fabs ended just as his dream of putting one here began.
In 2004, Nanotech turned heads by securing used equipment and process technology from Intel Corp. and promising to build a fab about 100 miles west of Shanghai. "We had all the official government documents saying the money was going to be there," said Koo, sitting in his Hong Kong office.
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