1. Profits in chips industry are unsteady because ____.

1. there is no great demand of chips
2. the technology advances fast
3. the demand is periodic
4. the production of silicon is unstable

2. Which one of the following statements is TRUE of "fab lite" strategy?

1. Japan, s electronics conglomerates are now commencing to consider of implementing this strategy.
2. The attitude of Japan's electronics conglomerates towards the strategy is still quite dubious.
3. The strategy is beneficial in promoting companies' manufacturing more focused on final products.
4. The strategy is applicable the captive-intensive industry.

3. Sony hands over its processor-chip division to Toshiba in order to ____.

1. float its financial-services arm through saving huge investment from chip making
2. cater to help Toshiba's strategy of gaining economies of scale
3. focus on its main business by cutting off non-core branches
4. supply processors for its PlayStation 3 games consoles

4. Sanyo's plan of selling its semiconductor unit miscarried mainly due to ____.

1. the high price it charged
2. the dispute among the investors, some of whom pays great effort to revive the company
3. the difficulty of retaining the management of the chip manufacturing
4. the sudden fall of its share price

5. NEC refused the offer from Perry Capital because ____.

1. the bit by Perry is not ideal
2. it is afraid of losing its chip unit
3. the condition raised by Perry is unreasonable
4. it regards its chip unit as an inseparable part

(Reference keys.)