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ASML? Swiss?? Nee! Don’t disagree with your general point though. Also there is always the option of industrial espionage as we have seen. Leaving the politic
by klelatti 3y ago
ASML? Swiss?? Nee!
Don’t disagree with your general point though. Also there is always the option of industrial espionage as we have seen.
Leaving the politics aside, it will be interesting to see what technical solutions emerge if the ‘easy’ option of spending a few hundred million dollars on a couple of EUV machines isn’t available.
- roenxi 3y agoHeh, oops. I thought precision and went with Swiss. How thoughtless. And I'd assume the answer is spending a few billion dollars developing a couple of EUV machines over a long time. It isn't like a billion dollars is much money and the Chinese economy is reaching the point where people will be looking to muscle in to precision manufacturing. It isn't like cheap labour is an option any more. They've already overwhelmed the Europeans in a bunch of phone and computer related areas so there is evidence that the Europeans probably can't maintain a competitive edge if the Chinese want to get good at something. Honestly, given what happened with the iPhone and Nokia I don't know how anyone is placing faith in the Chinese not being able to catch up. European tech companies have a history of looking unbeatable until they're just knocked completely out of the race. If anything the threat is that Europe won't be able to keep up with Asia.
- deleted 3y ago[deleted]