Tim Harcourt, an economist at the University of New South Wales, believes that the motor trade can prosper without state handouts as it shifts from the mass manufacture of yester-year to the niche research and development industry.

BBC: Australia car industry seeks revival amid slowing sales

Having entered the semiconductor market in 1983, Samsung was the first company to manufacture 16-MB DRAMs on a mass scale in 1991.

FORBES: Look out, Sony