TSMC Founder Morris Chang

2431.173 - 2472.179 Dr. Morris Chang

So we don't have to argue every year how much R&D we should spend. So at about that time, about the time 2008, 2009, when I came back, I just, Almost like, at that time we were running, I think, 6% or 7% a year. But it was negotiated every year between the R&D director and the CEO. So I wanted to stop that. I wanted to make him at ease. He doesn't have to argue. He doesn't have to argue.