That is pretty much everyone. I guess a way around it is probably is to make a very simplified model in the mind that will be probably bias and wrong and then filling the blanks as more information come in. The key is accepting that simplified model is probably faulty.
Chinese semiconductor industry
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Translated by Google:
YANGTZE MEMORY TECHNOLOGIES CO.,LTD.
solemnly declare
Recently, Changjiang Storage Technology Co., Ltd. (hereinafter referred to as "Yangtze Storage" or "I") found that individual media published and disseminated through various channels, "The Ministry of Industry and Information Technology and major domestic semiconductor companies held a series of emergency meetings in the past week to seek to evaluate Biden. The damage caused by the government's restrictions on chips, and the commitment to support the semiconductor industry," and disseminated false statements about our company's participation in closed-door meetings.
In the face of rumors, YMTC has always adhered to the principle of "clearing the clear", but in the current situation where the market environment and industrial environment are undergoing major changes, the above-mentioned sinister and false remarks not only hurt the corporate image of YMTC, but will also harm the company's image at home and abroad. The semiconductor industry environment has caused serious adverse effects. In view of this, YMTC hereby makes a solemn statement:
1. The above remarks about our company published by relevant media are not true.
2. YMTC solemnly requires the relevant media, platforms or individuals to immediately stop all ulterior motives fabrications and false rumors, delete and no longer reprint or disseminate false remarks and false reports that are inconsistent with the facts.
3. YMTC has taken evidence preservation measures for the above-mentioned false reports, and will always reserve the right to pursue legal responsibilities against media, journalists, and organizations or individuals who forward or assist in the dissemination of false reports at any time. .
4. YMTC is a commercial company that adheres to the concept of globalization, marketization, and compliant operation. Since its establishment, it has always adhered to the principle of legal and compliant operation on a global scale. In the future, we will also uphold our original intention and principles, and actively seek a development path under the current external environment and changes in the situation.
hereby declare.
Changjiang Storage Technology Co., Ltd.
October 20, 2022
No.88 Weilai 3rd Road, East Lake High-tech Development Zone. Wuhan, Hubei, China
Decent guide, bad directions.
Bloomberg most have the best CIA Ninja team, they didn't only knew that a close door meeting was holding up but they also knew what was talked in that meeting BETTER than executives attendees themselves. And this is not the first time that Bloomberg have come up with s*it like this.
btw, if you want the text of the YMTC statement, it can be found here too.
I have to say that I'm ashamed that I worked at Bloomberg at one point in my life. The level of speculations and just out right lies in that article is off the chart. Although, the real problem here is not that Bloomberg write these frivolous articles, but rather people in China (who are quite ignorant on this subject) just have meltdowns reading them and then spread the news. I mean, ASML just said they can keep selling non-EUV scanners to China, but Bloomberg will keep spreading these things. And then people inside China (who do not pay attention) will spread them even further. Those people really need to get smacked down.
If you don't believe me, you can look up Weibo and Xueqiu. They are everywhere and really damages Chinese semiconductor industry by spreading fear mongering.
Again, I have no idea how much these sanctions hurt YMTC, but they came out with a statement a few days ago saying that they have stocked up enough machines that their existing production (and my guess the new lines they already set up in the second fab) are not affected by this. Btw, Gloway just came out with new SSD using YMTC 128 layer technology. Not bad for a company that apparently is going under!
I have to say that I'm ashamed that I worked at Bloomberg at one point in my life. The level of speculations and just out right lies in that article is off the chart. Although, the real problem here is not that Bloomberg write these frivolous articles, but rather people in China (who are quite ignorant on this subject) just have meltdowns reading them and then spread the news. I mean, ASML just said they can keep selling non-EUV scanners to China, but Bloomberg will keep spreading these things. And then people inside China (who do not pay attention) will spread them even further. Those people really need to get smacked down.
If you don't believe me, you can look up Weibo and Xueqiu. They are everywhere and really damages Chinese semiconductor industry by spreading fear mongering.
Again, I have no idea how much these sanctions hurt YMTC, but they came out with a statement a few days ago saying that they have stocked up enough machines that their existing production (and my guess the new lines they already set up in the second fab) are not affected by this. Btw, Gloway just came out with new SSD using YMTC 128 layer technology. Not bad for a company that apparently is going under!
In my personal view is like if they want to push narratives as stories to push agendas. Lot of investors in China, if you look social media, are pretty on edge with this, a bad news it could trigger a selling, the Bloomberg guys know this. So this was suppose a close door meeting and every single of those executives are suppose to have a duty to protect their companies, I have my doubts that Bloomberg knew what was discussed in that meeting unless they have hidden microphones or something like that.
Is this rumor new?
China giving Trillions of Yuan to replace all foreign IT products in Education and Healthcare within 3 years.
A bunch of this money will certainly flow to domestic hardware and software companies in china.
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Some famous semicon products were invented or co-invented by east
Asians,
Dr. Chenming Hu is called the Father of 3D Transistor for developing the FinFET in 1999. Intel hailed FinFET as the most radical shift in semiconductor technology in over 50 years.
The MOSFET (metal-oxide-semiconductor field-effect transistor, or MOS transistor) was invented by Mohamed M. Atalla and Dawon Kahng at Bell Labs in 1959.
new type of MOSFET logic combining both the PMOS and NMOS processes was developed, called complementary MOS (CMOS), by Chih-Tang Sah and Frank Wanlass at Fairchild.
Asians,
Dr. Chenming Hu is called the Father of 3D Transistor for developing the FinFET in 1999. Intel hailed FinFET as the most radical shift in semiconductor technology in over 50 years.
The MOSFET (metal-oxide-semiconductor field-effect transistor, or MOS transistor) was invented by Mohamed M. Atalla and Dawon Kahng at Bell Labs in 1959.
new type of MOSFET logic combining both the PMOS and NMOS processes was developed, called complementary MOS (CMOS), by Chih-Tang Sah and Frank Wanlass at Fairchild.
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