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on January 07, 2007 at 09:47 AM PST
Anita - Thanks for your insightful comment.
Some "new economy" economists have down-played the importance of manufacturing. Manufacturing is not just about the grunt work of production. It involves the delicate art of putting together deals with large numbers of suppliers and customers and the continuous learning on the production lines. Case in point: Most OEMs (Originaly Equipment Manufacturers) have ended up becoming ODMs (Original Design Manufacturers).
on January 07, 2007 at 01:47 PM PST