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> It is really sad how the domestic/western production became irrelevant. Has it though? The West is up against governments. TSMC is part owned by their govern
by totalZero 5y ago
> It is really sad how the domestic/western production became irrelevant.
Has it though? The West is up against governments. TSMC is part owned by their government. SMIC is part owned by their government. Samsung's share of South Korean GDP is so large that it might as well be the government.
In the face of such organized and concentrated competition, what's so sad about some private businesses falling short?
- tablespoon 5y ago> In the face of such organized and concentrated competition, what's so sad about some private businesses falling short? I think the sad thing they were talking about is those businesses not getting the support they needed, because of an incompetent lack of strategic vision on the part of their governments'. It's like sending your army to a gunfight only armed with knives.
- totalZero 5y agoI understand that point, but I'm saying the West is not irrelevant ("Has it though" as in, "has it become irrelevant though"). The 'woe is me' is strong in this thread, but the solution is at worst 10 years away if Western governments put their backs into beginning the long process today.