TSMC Founding Ah Gong say no more suka suka globalization trade

[k1976]

https://www.channelnewsasia.com/bus...seat-national-priorities-tsmc-founder-3604436

 

[k1976]

TAIPEI: Globalisation is taking a backseat to priorities such as national security and technological leadership, with US-China relations consisting more of competition than cooperation, the retired founder of Taiwanese chipmaker TSMC said on Tuesday (Jul 4).

Morris Chang, who founded the world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd (TSMC), said globalisation has been redefined as allowing businesses to move across borders only under the condition that such exchanges do not harm national security, technological supremacy and economic leadership.

 

[k1976]

"But can this still be considered globalisation?" Chang said at a business forum in Taipei.

Chang's comments come a day after China said it would control exports of some metals widely used in the semiconductor, communications and defence industries, the latest salvo in a trade war between Beijing and the United States over access to high-tech microchips.

 

[k1976]

While TSMC has said its most advanced manufacturing will remain on the island, the company has ramped up expansion abroad in recent years.

The company's dominance in making some of the most advanced chips for high-end customers such as Apple has shielded it from a broader industry downturn.

China has in recent years increased diplomatic and military pressure against Taiwan, raising concerns about the fate of the factories that dot its western coast and produce the majority of the world's most advanced chips.

Beijing views democratically governed Taiwan as its own territory, a claim the government in Taipei strongly rejects.

 

[congo9]

China is still a loser .
But with china back pedalling, it's good that the growth of Chinese continues to be stalled .

 

[k1976]

China is still a loser .
But with china back pedalling, it's good that the growth of Chinese continues to be stalled .

China is trying hard to shore up their balance sheet

 

[k1976]

https://www.google.com.sg/amp/s/amp...credit-crunch-us9-trillion-debt-market?espv=1

China big banks are pouring billions of dollar into LGFVs, with 20-25yrs debt maturity

 

[blackmondy]

China has been poaching TSMC top engineers with high pay for a long time.

 

[congo9]

Chinese work best of if they know that they can Make big money in the shortest time.

They will be bad if they need time ,individual effort and resources to be good at something. Product like chips need a lot of effort. You need technique by Taiwanese, The machine by the dutch and material from Japan and Holland. Even their civil airplane c919, all the important parts and technique are from Europe and America. The only thing they can do is the body and the interior. Engine,landing gear and electronics are from USA and Europe

Shoring up their balance sheet requires a lot of things. RMB must be exchangeable internationally. You can't hide your debt, and want others to be confident in your money and economy. As for bond repayment, one must be honest and Not default to Their off shore bondholders.

There is so much wrong in China's economy. Yet Xi want to conquer the world with their RMB.

 

[congo9]

https://www.google.com.sg/amp/s/amp...credit-crunch-us9-trillion-debt-market?espv=1

China big banks are pouring billions of dollar into LGFVs, with 20-25yrs debt maturity

The Chinese can pour their life down the drain. But with Xi on the helm, it's going to get worse. With the wealth accumulated by three generations, It just all going down in just one generation.

He doesn't understand anything about economics. He only knows Chinese pride, Chinese surge forward. Other than that he knows nothing.

Lgfv is already heavily indebted, The youth are not finding jobs, The properties are on fire sales, the people have money but they refuse to spend.

 

[k1976]

Chinese work best of if they know that they can Make big money in the shortest time.

They will be bad if they need time ,individual effort and resources to be good at something. Product like chips need a lot of effort. You need technique by Taiwanese, The machine by the dutch and material from Japan and Holland. Even there civil airplane, All the important parts are from Europe and America. The only thing they can do is the body and the interior. Engine,landing gear and electronics are from USA and Europe

Shoring up their balance sheet requires a lot of things. RMB must be exchangeable internationally. You can't hide your debt, and want others to be confident in your money and economy. As for bond repayment, ome must be honest and Not default to Their off shore bondholders.


There is so much wrong in China's economy.

China economy structure is like Sim Lim square... Can get all parts all over the world and put together for sale... After sometimes, people tend to believe SimLim Square is a high tech hub

 

[congo9]

China economy structure is like Sim Lim square... Can get all parts all over the world and put together for sale... After sometimes, people tend to believe SimLim Square is a high tech hub

They can do this for low tech stuff. Like computer electronics, They can do that. Copy and then get subsidies from government, and they beat you with the cost.

But for IC Chip, You can't copy like that. The techniques have Patent to it. You need specialized machinery. You need material. When you go into the high tech, You need r&d on your technique and your material which you are using. It's bad because China does not respect your right to your own IP . The courts are not enforcing at all.

China thought that they can just copy wholesale. This is very wrong. They keep thinking that everything can be copied. Now the Europe and US start to wake up. Europe and US have thought that China is just lacking morale because they are 3rd world.
But with Winnie Xi, He wants to dominate the world.

 

[laksaboy]

China will be decoupled from the world's economy. If Temasek has invested a lot of money into China... expect interesting times.

 

[blackmondy]

China economy structure is like Sim Lim square... Can get all parts all over the world and put together for sale... After sometimes, people tend to believe SimLim Square is a high tech hub

The irony is that most shops in Sim Lim Square are now run by tiongs, followed by shitskins.

 

[tanwahtiu]

China has been poaching TSMC top engineers with high pay for a long time.

Mai gong lanjiao wei

 

[tanwahtiu]

China will be decoupled from the world's economy. If Temasek has invested a lot of money into China... expect interesting times.

Mai gong lanjiao wei

 

[mojito]

China economy structure is like Sim Lim square... Can get all parts all over the world and put together for sale... After sometimes, people tend to believe SimLim Square is a high tech hub

No need look so far. PAP financial hub, start up hub, hub this hub that all so like Sim Lim Sq no?

 

[blackmondy]

Mai gong lanjiao wei

Tiong cock gau kee si lah ! Li si gui lau bu wu lai che li jio li lo kee boh?

 

[laksaboy]

Reminder that TSMC makes Qualcomm Snapdragon chips, the newer generation of Mediatek Dimensity chips, and the Apple A-Bionic chips.

 

[congo9]

In fact, most chip

Reminder that TSMC makes Qualcomm Snapdragon chips, the newer generation of Mediatek Dimensity chips, and the Apple A-Bionic chips

From now and future ,chip will be going to be made by TSMC.