Secondly, I should point out as well that the gap between Korea and China in terms of costs is much greater than what we saw in the cases involving the U.S. and Japan in the past.
Whereas U.S. wages were four times those in Japan in the 1960s, and this ratio was much the same when the manufacturing base shifted from Japan to Korea in the 1980s, the difference between Korean and Chinese wage levels is now ten to one.