The factory, which opens as the computer chip business is in a slump, is a costly and risky move for IBM. But it is also an expression of confidence by the company that it can remain a technology leader in the highly competitive global semiconductor industry, and a commitment that the best place to execute that strategy is in upstate New York.
But it's an expression of confidence by the corporate that it will stay a technology leader within the extremely competitive international semiconductor trade, and a commitment that the most effective place to execute that strategy is in upstate big apple.