Ken Kundert
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At this point we should all be saying thanks to the Japanese of the 1980's. It used to be the habit of the semiconductor industry to go into hibernation during downturns. In the '80s the Japanese kept working during the downturn and as we came out of the downturn they were ready with new products and the West was not, and they took the leadership of the industry away from the Americans as a result. Now, almost all semiconductor companies continue to develop products through the downturn. It is tough on the companies financially, but at least to a large degree we all stay employed.
-Ken
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