of the
hardware manufacturing, and Europe mostly producing hardware, software, and services
for its own markets.
The industry was changing, however, as new competitive forces emerged,
including shorter clock speeds, mass customization, electronic commerce, and
globalization. Shorter PC product cycles have enhanced the importance of depreciation
and time-to-market considerations in determining location decisions. In the words of a
Taiwanese PC executive, "Even if you manufacture a machine at…
Words 12003 - Pages 49
