Agree on this jeunke:
"These big customers want the future now, outsmart the competition,, lower cost of ownership, current organizational capabilities, no capital investments, no write offs. I think they gladly pay billions of dollars to secure the future of their enterprise and for ' peace of mind and guaranteed bonus pay outs".
They also want guarantee of product, volume of the needed product when requested as well as a cost they can accept. This is evident based on requests for second material production site for polymers and LWLG dealing with queries on exclusivity. One only has to look at the pressure that has been bought to bear on TSMC to expand facilities outside Taiwan and to Arizona. Also, consider the supply chain problems that arose from suppliers in Asia not being able to supply a component needed to complete manufacture of electronics, appliances and even cars. Having reliable product production in the U.S. and strongly aligned European sites becomes very important with lessons learned during and in the aftermath of the pandemic. Add in the growing world tensions raising supply chain uncertainties, Dr. Lebby's emphasis on keeping adequate material and semiconductor manufacturing in safe locations appears very desirable.