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TSMC
Acquired
Importance of Innovation and Being Open to Change
Innovation is crucial for progress, as exemplified by the Kodak case where they failed to commercialize the digital camera despite inventing it. Intel faced a similar situation with extreme UV lithography, initially hesitant about its potential but later seeing its value in advancing technology. This highlights the importance of being open to new ideas and technologies, as they can lead to significant advancements and competitive edge in the long run.
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