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And watch as your fledgling local business dies due to hundreds of billions of subsidies for foreign fabs. South Korea alone is subsidizing Semiconductors with
by onepointsixC 4y ago
And watch as your fledgling local business dies due to hundreds of billions of subsidies for foreign fabs. South Korea alone is subsidizing Semiconductors with $450Bn [1]. If you want local fabs, you need to spend money. Or you get to watch your automotive assembly lines stop because of chip shortages.
[1]: https://www.bloomberg.com/news/articles/2021-05-13/korea-unveils-450-billion-push-to-seize-global-chipmaking-crown https://www.bloomberg.com/news/articles/2021-05-13/korea-unv... [1 Non paywalled]: https://archive.ph/9Gs8q https://archive.ph/9Gs8q