[yongjik]

Your scenario may be applicable in other cases, but in the particular context of semiconductor industry, it sounds rather silly. Intel isn't a family farm raising chickens, and its competitors aren't exactly hiring subsistence farmers to draw silicon diagrams in a dim factory building 16 hours a day.

E.g., even though I'd be the first to say that Samsung is as corrupt as fuck, its fabs aren't exactly spewing toxic gas into the neighborhood (probably not any more than silicon valley companies did in the 60s), and it still (sadly) remains a choice opportunity for job seekers in Korea.

Also you have to factor in that the existence of a strong consumer class in other countries (those pesky workers in Samsung) allows many American companies to hire more people than they could if they only had the American market.