China chips away at U.S., Taiwan semiconductor dominance
这句话有意思：
There is concern in the industry about a repeat of China's previous efforts to develop industries, such as solar panels and liquid crystal displays (LCD), where overzealous investment led to oversupply and plunging prices.
China made up 14 percent of the global LCD market last year from 3 percent in 2010, while the industry's average profit margin declined to 1.2 percent from 7.8 percent over the same period, wrote Bernstein's Li in a recent report.
"China will not stop until it dominates the market, with value and economics being destroyed every single time," said Li.
