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Comment Translation please (Score 0) 123

They recently taped out a Cortex-A7 processor with this technology, calling it a significant milestone for the fabless ecosystem."

I'm very good at the English language but I have no idea what this means. How do you 'tape out' a processor? What's a 'fabless ecosystem'? (The rainforests are rather wonderful, I hear.)

Nothing recedes like success. -- Walter Winchell