Not necessarily. Foundries do not need to make high end products to make a profit. A foundry by nature is a high volume low margin semis manufacturer and the cost to shrink is expensive, and it's not in GF best interest to compete with Intel in process shrink fro the following reason. As you know the older the process the cheaper it is to manufacture since most of the kinks have already been worked out of it. Recipe's are shortened and proc steps are combined with wip turns and die yields high and of course margins are at their peek. So why not stay at the older process longer while charging the same per chip/wafer and having margins high? Not trying to discredit Mr. Fruhue, I'm just providing a counter point to his win win comment.