Miscellaneous News
- Thread starter bd popeye
- Start date
Bytedance, Tiktok's parent company is 60% owned by international stake holders mostly American. It is only "Chinese" because is registered in China so are their IPs. Tiktok is a Singapore registered company with even more American shares. ByteDance is hardly a Chinese company, TikTok is even less. If TikTok is banned by USG, most damage is to American share holders. China only want the knowhows to remain in China, other than that China doesn't give a damn if TikTok bankrupted because of the ban? It is American loosing money and reputation of "free speech", a show that we'd love to watch.
It is like an US owned Bahamas flagged cargo ship that got blown up by Houthi, you think Bahamas would care more than US? Is Bahamas being humiliated or USG?
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SMIC went from #5 to #3 foundry in the world by revenue. HiSilicon is back on the job despite the US sanctions and is likely a top 10 fabless semiconductor company. China is taking over the DDIC and imaging sensor market.
China's semi fab equipment sector revenue is growing at like 33% a year.
You clearly haven't been following the Chinese market.
Funny, he also names a bunch of small niche supporting suppliers that don't actually matter in the long run.
Once a major industrial sector is big enough it can just fund its own suppliers like how Toyota (earlier) and now BYD can simply fund their own internal fabs.
A supporting supplier can only help a major one, it can't carry it.
And China has already proven this multiple times as the demand of Huawei led them to fund HiSilicon and the demand of HiSilicon is substantially driving SMIC's FinFET business and the demand of SMIC is creating revenue for NAURA and AMEC. Now replicate this across thousands of industries for the last 40 years.
Being too top heavy isn't good. It's best to be balanced.
I really don't understand how a Chinese supposedly "learned" man could even bring himself to do what he did on the picture, other than him wanting to become part of the ruling cabal that has worldwide tentacles.
Jack Ma, got too big for his britches and assumed that he'll be able to cow the CPC and GenSec Xi to his destructive agenda. Good riddance.
Nope, Jack Ma was always an idiot. His "knowledge" has been a joke since that AI debate he had with Elon Musk.
Jack Ma was the darling of the West. He got invited to all the fancy Western events like Davos and propped up as a model Chinese entrepreneur. There were many articles in the Western media when he supposedly ‘disappeared’ as they were concerned for their useful idiot. Ma would have sold out China so he can be accepted into Western elite circles.
