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So that is an interesting point right I mean they say -- -- keep saying what are you gonna start seeing this cannibalization but.
Paul Otellini says no you don't see that yet because of emerging market demand while.
If the chipmakers like Paul Otellini and it's helped give us a sense of the health of the PC market.
Then chip equipment makers like applied materials come perhaps open a very clear window into how the semiconductor and now solar chipmakers.
Are really doing Mike Splinter is CEO of applied materials joining us now get -- Fox Business exclusive.
Great to see you thank you for being here good to see you a little victim may not.
You just heard -- say that netbooks and notebooks in emerging markets are really hot at the moment.
Does does your business and -- -- -- back that up.
Well I think it does we're seeing I think excellent to innovation in quite a number of products and electronics industry from tablets Smartphones.
And we're seeing seeing them being consumed in in China I just got back from from trying to.
And while people are saying China growth is slowing.
It exports are being replaced by consumption you can see all the signs of consumption.
Knew how is saying.
New car is it it's becoming the consumer account.
Wolf because they have an emerging middle class don't we need -- -- -- -- consume what's made here in the United States well I think we would certainly like that making sure the markets are open is really an important factor I think that they wanna keep those markets open.
To the products their.
People want to consume you know your competitor Rick hill was here from novellus earlier and he's really not happy about the the China currency bill -- the Saber rattling that's going on inside the beltway and Paul Otellini said why wouldn't you have business with China they're the big sort of inhaler of a lot of our products how to use stamp on this.
-- I'm in that same camp I can't see us benefiting from any kind of trade war.
We want economy to be open this is the growing consumer class.
Markets to be open and I don't think.
You accomplish that by fighting over currency.
And over small thing.
You've been very -- on solar I go to -- and I see you there and you're talking about the big solar business but everybody wonders does -- become commodity -- To the prices go down and then of course you -- -- the so -- of bankruptcy which really casts a Pall on the business.
Give me the sense from the front lines the real -- Is the solar business.
Not catering -- -- slowing down.
Don't know the solar business is accelerating and unprecedented.
Adoption because prices are coming down solar electricity is a commodity.
Prices are coming down there coming down fast 50% in the last couple of years.
That's allowing countries to adopt policies that will allow deployment of solar as a seventy billion dollar business.
So huge but as we finish up five years from now when I'm sitting across from you god willing.
What do you anticipate to be the company's core business.
All of -- semiconductors.
Equipment is going to be our core business I don't think there's any question about that.
That market is still expanding an electronics is the growth of electronics is here to stay.
-- -- Mike Splinter of applied materials a former.
Employee of Intel's probably old home week for you -- -- to be back right.
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