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> If you look at the Chinese chip industry, then you see that a lot of money comes from the private sector. Huawei, Xiaomi, etc are investing a ton of money in
by fock 6y ago
> If you look at the Chinese chip industry, then you see that a lot of money comes from the private sector. Huawei, Xiaomi, etc are investing a ton of money in semiconductor companies.
A private sector which got so successful not least because government systematically robbed IP from competitors (Nortel...). Yes, western politics also messed this up, but no these are not "private" sector operations in the same way Tesla is.
- CyanBird 6y ago> government systematically robbed IP from competitors You do realize that's exactly how the US became an industrial power right? The difference being that most companies were happy to provide access to their technology in exchange of reaping higher profits from penny on the dollar Chinese labor and expedited logistics But ofc, you never hear that, or the fact that we are talking of a different country with different laws, the US is not entitled to enforce its laws in other nations after all