Insane Tech war against the biggest consumer market

Not to be forgotten is the latest technology war now being waged against China. The whole Anglo Saxon White clique had been forced to follow the USA in its attempt to stifle China, using technology sanctions to bring China down. Or so they think.
China is hitting back, prioritising its technology sector development with huge investments in R & D. With its 'Factory of the World' reputation, backed by highly trained workers, irreplaceable supply chains, unparrelled infrastructures, and its huge market demand for finished products, China is not that easy to be depressed. Even Apple's investments in India still needs the downstream supply chain materials shipped over to them from China. India still lacks the supporting supply chains to cater to Apple's manufacturing needs in India.

Now some of the Anglo Saxon Whites, that followed the USA, are having second thoughts about following the technology sanctions, knowing that one day China will eventually make them loose their rice bowl if they are not careful. The China market alone is enough to tell them that it is not wise to break that rice bowl. Will the USA come to help them out if they loose the Chinese market for good? I would not bet on it!

China is now using the same tactic used by the USA, citing national security issues in its targeting of Western companies in China, like Micron. Yet Micron is investing more money in China. Micron knows the Chinese market cannot be abandoned completely, knowing that half a loaf is better than no bread.

High end chip manufacturers like TSMC and Samsung have been lured or conned to be more precise, to set up chip manufacturing facilities in the USA in ernest, to reap the USA dangled subsidies, that have now turned into dust for them. TSMC already invested more than US$40 billion in Arizona, without having received a single cent received in subsidies from the USA Government, on top of encountering all the problems of working attitudes of USA workers, that were in no mood to follow the hardworking attitude of the Taiwanese workers having to follow rotating shifts round the clock.

All in all, TSMC was set to be given a subsidy of US$15 billion (?), but with very abnoxious conditions, including revealing production load, client's orders and even releasing sensitive information on production techniques to the USA Government, on top of the USA Government having a cut of excess profits. It was no more than blackmailing TSMC to pass on its high end chip expertise to the USA and paying back the subsidies.

TSMC has now been reported to have declined applying for the subsidies and thinking of moving its main production facilities back to mainland China. That is bad news for the USA. But before that turning around was revealed, there was a report of a fire in the new TSMC facilities in Arizona, probably sabotage, knowing that since the USA failed to get at the necessary technology transfer by TSMC, using terrorism tactic as reprisal could have been the motive.

This is a lesson for others. And this is a lesson for Apple now intending to do its main manufacturing in India. Apple might even lose its foothold in China totally, and with it its huge market share in China. Chinese people are said to be losing their appetite for expensive iPhones and pivoting to Chinese phones over the years.

Anonymous