This article hits on the industry challenges well. The fact of the matter is that there are only a small number of companies that are capable of developing adva

This article hits on the industry challenges well. The fact of the matter is that there are only a small number of companies that are capable of developing advanced nodes. The first company will make money, the second will break even on the R&D and the third will probably lose money. Basically, the industry is becoming more like the airline industry -- a small number of very large companies who dominate the marketplace and a number of smaller companies making niche products.