Heading towards a More Flat World
As India (and some parts of China) continue to grow as a cost-effective destination for software development, there is some more interesting news coming from another South Asian country.
Vietnam has produced its first microchip. Though it does not seem like a technological breakthrough, but the cost of this project is interesting. The project had a budget of only around $125,000. Compare it with the budget-cost of even trivial projects, in other parts of the world - and you can easily realize the importance of it.
It appears that the future is going to be more competitive in a Flat World.
Vietnam has produced its first microchip. Though it does not seem like a technological breakthrough, but the cost of this project is interesting. The project had a budget of only around $125,000. Compare it with the budget-cost of even trivial projects, in other parts of the world - and you can easily realize the importance of it.
It appears that the future is going to be more competitive in a Flat World.
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