This is capitalism; where profits matter above all and who cares if a big chunk of the population is impoverished. This is how you get rebel armies springing up or pirates.The US eCONomy is Foo Ka Da
This during holiday season, the excuse is so Amazon increase AI use... welp with China REE ban, America AI ponzi bubble about to collapse and take the rest of the US eCONomy with it....
happily I see that US automakers are also similarly affected. If there’s one takeaway from all of this, it is that Dutch industry must die. EU investment environment is now Indian grade. It remains to be seen what the Europeans will do to resolve this.Actually think that EU might be really screwed. Is it even worth it for China to give up this golden opportunity to significantly damage/slow-down major Euros downstream industries?
Tell me how you would feel if you are Chinese policy maker seeing these EU numbers..
Actually think that EU might be really screwed. Is it even worth it for China to give up this golden opportunity to significantly damage/slow-down major Euros downstream industries?
Tell me how you would feel if you are Chinese policy maker seeing these EU numbers..
Of course they could. Malaysia has a lot of packaging capacity as does Taiwan.Can Nexperia's fabs contract out the packaging to other companies in other countries?
China could simply say to Malaysia to not recognize Dutch Nexperia as the legal owner of the company.Of course they could. Malaysia has a lot of packaging capacity as does Taiwan.
But it would require certification. Remember these are automotive grade components.
Either:
1- The stooge is a snake trying deceive everybody about his masterplan role in the Biden administration plans to kill China IT-semiconductor industry and create the biggest breach of trust in commercial history.
2-Or he is a Chimp with a gun who crafted one most destructive and annoying policies in D.C without even a slight understanding of a incredible complex industries like semiconductors, AI and IT . Wich in my opinion is worst.
A deeply unqualified individual who doesn't have the ability to understand a simple repair shop let alone crafting policy for a 1 trillion dollar industry.
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As the article said they are making simple switches, using common tech and they already have the trade secrets. So how hard can it be for europe...They are just spinning. Dutch should throw their pathetic excuses to Germany and it's workers when chip supplies and then factories production goes to zero
China should just close all channels of communication and let the Euros handle this mess themselves. Until then, chip ban will stand.
I am sure China wouldn't mind if it traded one Nexperia for a couple EU automakers going down or/and Chinese carmakers getting more marketshare
*puts on aluminium hat*It is like the Europeons are taking themselves out of the auto and medical service sector. A possible huge boon for Chinese exports.