The situation will become even worse when 450 millimeter diameter wafers replace the industry standard 300 millimeter wafers in four to five years.

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Instead of its standard position behind the movement in back of the watch, the 14mm-diameter wheel floats above the movement and dials, encased under the domed crystal on its face.

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These channels, which have a diameter of 50 microns (about the width of a human hair) are etched using standard silicon-fabrication methods.

ECONOMIST: Monitor