31 December 2009
Here is another example of the changing leadership in the world economy:
The world's biggest supplier of solar-manufacturing equipment has opened a research and development center in China, and its chief technology officer will relocate from Silicon Valley to that country next month. Applied Materials, founded in 1967 as a semiconductor company, has manufactured in China for 25 years, but is expanding its presence to be closer to its customers and develop products suited to the country's urban population.
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