Speaker unverified: observation

Transcript context

…A half step. A half step, but a half step is a detour. My thought at the dinner there was we would have to spend effort on the 20, which of course would help us on the natural next node, which was 16, but still, it was a detour from 28. From 28, if R&D would directly go to 16, it would be less time than the first 20. The point is that back then, R&D did not have enough resources to do two nodes at the same time. Later we did. So you have this conundrum where this is right after you had just spent $6 billion in CapEx the previous year going all in on 28 nanometers. You’re asking Apple, which could be your biggest customer ever, this is for 28. And you hear back, no. We want you to go do something that you’re not planning on spending any money on and have this huge distraction. You’re of course left with this question, is it worth it to land Apple as a customer?…

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