"In the semiconductor business I've had a large amount of experience in high-volume, low-cost manufacturing," he said.

Additional government spending is particularly important in such areas as advanced wing design, air traffic management systems and low-cost manufacturing.

A. Obviously, these supply chains provide an opportunity to move low-cost manufacturing.

At that time, Hong Kong was a center for low-cost manufacturing.

Other requirements had focused on minimizing life-cycle costs of the system by ensuring simple operations, low-cost manufacturing, and high utilization potential.

The demand has come even from China, a rival to India in low-cost manufacturing.

China's size does not merely enable low-cost manufacturing; it forces it.

"The secret to their success is efficient, low-cost manufacturing, free-cash-flow generation and smart acquisitions," he said.

More and more low-cost Japanese manufacturing is being shipped over there.

China, which has emerged as a source for both low-cost manufacturing and high-tech derring-do, is part of the next wave.