3 ms·
That’s a nice short-term solution. How do you envision adding an infinitely-deep-pocketed state-sponsored supplier to the mix over the longer term?
by Arubis 3mo ago
That’s a nice short-term solution. How do you envision adding an infinitely-deep-pocketed state-sponsored supplier to the mix over the longer term?
- jackb4040 3mo agoWhat would the issue be, in the long term? I'm struggling to see a downside to more manufacturing capacity
- Arubis 3mo agoIf you want to realistically compete in a market with state-backed firms, you need state backing. Aerospace is a prime example.
- jackb4040 3mo agoOh, maybe we're mixing terms here. OP was proposing CXMT as a "solution" to the problem of these companies engaging in price fixing. Now you're saying there needs to be a "solution" to the problem of these companies no longer being able to "compete" (engage in price fixing), because CXMT exists. The latter is not a problem I or almost anybody outside those companies care to fix. It's not the public's job to bail out a company because they forced states to intervene to break up their monopoly after taking the highest profits in the industry's history.
- dabinat 3mo agoEven if CXMT can only sell in China, that reduces the amount of memory China needs to buy from other manufacturers, thus benefiting everyone.