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With these sorts of proposals, I don't understand why government funding would make much difference (other than cash can sometimes help a bit). How does it hel
by lbriner 5y ago
With these sorts of proposals, I don't understand why government funding would make much difference (other than cash can sometimes help a bit).
How does it help to recruit specialists? How would it help them buy the manufacturing hardware which I heard is usually on 1 year+ lead times? What do you actually physically do with the money if you get it?
People like Intel have the cash to build a plant, if they can get hold of the hardware, they have almost guaranteed 100% utilisation as soon as the plant is open and will quickly recoup their costs to extend faciliites.
If they can't get the hardware and people to operate it, then the money seems useless?
- capableweb 5y agoFrom the article: > “The global auto chip shortage has hit Michigan and states across the country hard, idling plants and slowing production, threatening thousands of auto-related jobs up and down the supply chain,” Whitmer said in a statement. “With no end in sight, it’s clear we have no time to lose if we’re going to protect jobs and maintain our competitive edge." Seems what they want to money for is not to build new hardware, to recruit new specialists or buy new plants, it would be to retain the current workforce and I guess provide funds for the plants while they recover from something. What they are recovering from is unclear.
- lazide 5y agoYou’re confused I think. She is talking about saving auto jobs by fixing a chip shortage, and that does nothing to address the parent posters question of ‘if they just want cash to fix the chip shortage, what are they going to do with it that would actually fix this problem, since it is going to take a year+ To actually bring more capacity online - and they already have sufficient cash’