An electronics firm is considering how best to supply the world market
for microprocessors used in consumer and industrial electronic products.
A manufacturing plant costs about $500 million to construct and
requires a highly skilled workforce. The total value of the world market
for this product over the next 10 years is estimated to be between $10
billion and $15 billion. The tariffs prevailing in this industry are
currently low. What kind of location(s) should the firm favor for its
plant(s)?