Chinese semiconductor industry
- Thread starter Hendrik_2000
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The overcapacity being installed in the world is an "if". It is a "definitely" there will be excess capacity. Problem is for China this is no longer an economical financial problem it is an existential problem. So there is no argument, one spends what one needs to spend in order to assure survival.
But the rosy aspect of this problem is that China IS the largest semiconductor market. It will be able to use the chips it will manufacture.
The rest of the world is who is being screwed, particularly Taiwan and TSMC.
The chances of happening the same thing as in the solar panels is almost 100%. But China is who leads the pack now and no one can beat it.
Ten year from now, the same will happen with semiconductors.
How do you become smarter like these people?
Smarts is mostly genetic. But you do not need to be "smart" to become rich.
@Nutrient Me too bro!!!! he and Ren Zhengfei are my heroes, Jack Ma and other tech company CEO are all talk, their business model is based on Western concept of Instant Gratification. At least we still had an older generation of business people who still follow the Confucianism concept of hard work under extreme challenges.I really like this one!
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