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EU countries team up for semiconductor push

reuters.com

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Re: EU countries team up for semiconductor push

#551
post #447

Earlier quoted context omitted.

> I think most of this is tax driven. Disagree. Research has consistently shown that American multinationals consistently apply better corporate management practices than their European counterparts.[1] This is especially true in IT-intensive industries.[2] This is true even when comparing American multinationals operating in Europe. Any sufficiently large company in a globally integrated, competitive industry, is go…

Do you have any non-American sources? You always needs to hear it from at least two different sides.

Nicholas Bloom the author of both papers is British.

Also, it's not like in economics/business science there's a European vs American distinction in publications. The European Economics Association is quite small and most European departments hire out of the American association's market, for instance

Re: EU countries team up for semiconductor push

#552
Is it just me, or do you also worry that something like this could easily head down the path of "design by committee" given the many countries and politics involved? Equal-to-current-best-practice is not good enough as a goal.

What something like this needs is a leader driven by a huge personal product/technology belief and vision, backed up by personal technical capability, and his/her ass on the line. Versus what I could see is some generic credentialed CEO being put in to the top position to "manage", with little penalty for failure.

Re: EU countries team up for semiconductor push

#553

Earlier quoted context omitted.

> The tech industry is a major factor in this, where senior-level positions in non-FAANG companies can make upwards of $150k/yr in the US, and the PPP equivalent European salary is around half of that. Why does this matter so much when there is affordable healthcare, lots of social programs to save you in case things don't go so well? I am honestly asking. I am in Europe and my salary is half of what I could make in…

> Why does this matter so much when there is affordable healthcare, lots of social programs to save you in case things don't go so well? World class healthcare is included on top of the compensation at FAANG. Also, what are these social programs you refer to?

Statutory Maternity/Paternal/Parental leave. No 'fire for no reason' laws (i.e. laws against the Orwellian double speak "at will" employment). Anti-no-compete laws (this exists in California).

Re: EU countries team up for semiconductor push

#554
post #433

Earlier quoted context omitted.

>If, at the time of the founding of TSMC, you had tried to get a consortium of companies, much less nations, to agree on the idea of a semiconductor foundry, you would not have been able to get agreement to do it. Consortiums can help to pool resources when everyone knows what needs doing TSMC or its ecosystem is already like a consortium. this semiwiki article point that out. https://semiwiki.com/semiconductor-manuf…

Just wondering if in the light of this announcement and the China's attempts at taking over the TMSC control, wouldn't it be better if TMSC relocated their HQ to Europe? Not saying they should move completely, but to strategize to limit their operational risks. I am sure they'd receive some nice grants from EU.

That is probably next step, but not for the concern of China. It may come from the pressure of government, if EU pushes a little bit. It is extremely hard for China to sneak the TSMC. It is a big ecosystem. The only way to take control is invasion, but that would lead to WWIII and is almost impossible to get the original TSMC. It would be destroyed during war. And, the market would be shared by other companies.

Re: EU countries team up for semiconductor push

#555
post #428

Earlier quoted context omitted.

No more so that any other big country. At least they don't bomb thousands of people a month.

Yep, they keep them in concentration camps, which is totally different.

China also has concentration camps.

Re: EU countries team up for semiconductor push

#556

Earlier quoted context omitted.

China is weak in semiconductor industry and they simply do not have the capability to overcome the obstacle in 5 to 10 years or maybe never. Let me give two examples of obstacle. US has monopoly in the software tools that engineer use to design IC. Japan has the chemical that semiconductor fab foundry need to make IC. US now has slapped sanction on China's top fab foundry SMIC with intention to kill China's semicondu…

It's worth noting that the Chinese state is able to pool resources and direct a national effort in a way countries like Japan and the U.S. are not. It may take longer than 10 years but they'll get there.

The bureaucracy in China is insanely crazy. I doubt that they have passion to wait longer than 3 years. Not to mention 10 years.

Re: EU countries team up for semiconductor push

#557
post #442

Earlier quoted context omitted.

Do you have any references of English actually being phased-out in EU? The Politico article was written just a few days after the Brexit referendum, and 4 years later I can only take it for empty sabre-rattling.

> Do you have any references of English actually being phased-out in EU? It's not clear yet if it will be used in official documents after Brexit agreements will be signed, but UK was the only country who chose English as an official language. There's an hard requirement in EU to translate every official document in every language spoken in the EU, if English is not an official language, that requirement will cease t…

Funny side-note: Sweden never registered Swedish as an official language to the EU because they thought it would be a waste of EU funds to translate all documents to Swedish, since most people there can get along in English.

Then Finland went ahead and ruined it by registering both Finish and Swedish as their official languages (they have a Swedish minority there) :)

Re: EU countries team up for semiconductor push

#558
post #473

Earlier quoted context omitted.

> P.S: a lot of the young in Europe are learning english because they want to get the f--- out the EU as soon as they can. This is absolutely not true. English is tought in most schools simply because it's used worldwide. Also, most of the people I know are very happy to live here, and most who may have wanted to emmigrate to the US lost any desire to do so after the four years of Trump.

My experience is exactly the opposite: I was eager to emigrate during Trump term in the office, despite him making it difficult. Now that Biden has won, I know that emigration should become much easier, but it also became pointless.

Why is immigration to the US pointless now that Biden won?

Re: EU countries team up for semiconductor push

#560
post #375

Earlier quoted context omitted.

> Europe has some successful international projects like CERN or Airbus. Besides, what are the other options? If we have to go back to mentioning Airbus (1970) and CERN (1954) to find successful European projects, I think this show how big of a serious problem there is in Europe no!? P.S: a lot of the young in Europe are learning english because they want to get the f--- out the EU as soon as they can. I'm european a…

Yeah, probably should've learned Mandarin then. North America doesn't look all that appealing nowadays.

/s
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