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ASML has a monopoly in their niche and no other companies in the world currently have equivalent tech. Should one diss all other advanced countries the same way
by nopinsight 2y ago
ASML has a monopoly in their niche and no other companies in the world currently have equivalent tech. Should one diss all other advanced countries the same way?
By the same token, ASML wouldn’t be where they are without advanced components from other countries.
In today's world, no country is the most advanced in every tech.
> The reason Taiwan is valuable is because they are allowed to import western tech that China is not allowed to have, and the labor is somehow cheaper there to operate it.
ASML can export to many countries. Why can't any other country in the West or which is a Western ally afford to subsidize the 5-10% extra profit margin for labor costs and successfully build a similarly advanced fab like TSMC's for strategic reasons and to make significant profits as well?
Regarding nuclear power plants, they might not currently have the capability because it's not their priority to develop it, and they can quite easily hire companies from other countries to build them. Comparative advantage and all that.