My take on all this is that two situations arose here. One was a recognition of China as a vast market waiting to buy, and as a locale for inexpensive production. Hence the Hong Kong move. Two, management made a miscalculation as to the longevity of the tremendous surge in demand for semiconductors that came about through the telecommunications build up and gottahaveone computer frensy over the last ten years. Thus, San Jose facility. As for San Jose, what is the building's function? R&D? Just my thoughts.
"As for San Jose, what is the building's function? R&D?"
My understanding was the whole point of the SJ facility was consolidation. It was worth it because of the benefits of having everyone and everything in one location. I have no clue what its purpose is in the context of Singapore and Hong Kong.