3 ms·
> the shutdown factory should be the one with less to lose, not the one who didn't buy futures in time. That sounds highly communist. The factory with the mos
by axiolite 4y ago
> the shutdown factory should be the one with less to lose, not the one who didn't buy futures in time.
That sounds highly communist. The factory with the most to lose should have been looking out for themselves. They did not, so they suffer economically, and hopefully learn a lesson (or their bankruptcy stands as a lesson for others) for the future.
Because of their decisions, one of the factories can claim force majeure to protect them from some of the consequences of shutting down, while the other cannot, so the other shutting down and reselling their chips is probably not an option.
Salvaging chips out of washing machines might be the best possible option for everyone to fulfill their contractual obligations.