It's quite possible he has insiders contact in China
many people have contacts.. so pleaseeeeeeeeeeeeeeee

The latter is a subset of the former. I've always believed that many Chinese companies are ran by dinosaurs and should not be assumed to be competent simply because they are Chinese. It takes real talent, drive, and ambition to disrupt an industry, and the reality is, most people don't have it in them. Thus the need to focus on those who few who do.
this statement would have been 100 percent accurate in 2020 year but its now completely outdated.
you said, ''I've always believed that many Chinese companies are ran by dinosaurs and should not be assumed to be competent simply because they are Chinese''
NAURA - become 6th largest SME manufacturer in 2024..
Revenue Up 40%
AMEC - become 10th largest SME manufacturer in 2024..
Revenue Up 45%
ACM - about to enter in top 10 SME manufacturer this year..
Revenue Up 51%
PioTech - about to become $1 billion worth Semi equipment manufacturer..
Revenue Up 80%
Jingce Semi - within two years they will enter in $1 billion club..
Revenue Up 80%
Kingsemi-
Revenue Up 24% , Jingsheng Electro -
Revenue Up 30% , Hwatsing -
Revenue Up 33% , Jiaxin Semiconductor -
Revenue Up 110%
SiCarrier - they literally released entire line-up of semiconductor tools from 28nm to 5nm.
Revenue Up seven folds in last 5 years.
YMTC achieved 294 layer nand flash with domestic tools, they have been blacklisted since 2022
CXMT working with domestic tools for 16nm DRAM.
BOE/TCL/smartsense/Omnivision and many more IC related companies have record revenue with domestic tools/equipment.
its astonishing to see, almost entire Chinese semi supply chain thriving with
record revenue in 2024.. from material to design to tools and fabrication.
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where were all these companies in 2019 , 2020 ???? nobody knew their names. all were struggling or begging for customers but rejected by even local Chinese fabs. but what suddenly happened in just 4-5 years ?? it is because of USA sanctions. even a random Chinese semi company is now thriving getting repeat orders and gaining customer base. all those companies which were run by ''
DinOsAuRs'' got hit very hard and they sorted out shit together and look at the results.