Perhaps only 7 to 10 percent at most of the cost of producing a wafer is labor. So there is a whole host of other factors that make a wafer fab competitive and the cost of labor is not really one of them.
A wafer fab (fabrication plant) is something very complex and a difficult business to run and operate,
Obviously the newcomers have a shorter period of time, they learn from the mistakes of others and so on,
But I still think China has a lot of problems that will hinder the growth and development of the chip production industry.
