171–180 of 593 posts
Investing in local chip fabs is long overdue. These are incredibly important for geopolitical stability and should be distributed world-wide. We've centralized too many fabs in too few places in the search for low cost.
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Yes, Bosch just built a huge factory in Saxony
I hope they treat the workers well. Maybe their chips will end up in my next laptop. (I think I can keep repairing this one for a while, sorry I'm a bad capitalist or whatever.)
Unless your laptop is also a car that's probably unlikely ;)
(AFAIK the new Bosch fab will mainly produce chips for the car industry)
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> Does it really matter which country is the headquarters for the corporate owner? It's still a German plant hiring Germans and subject to German laws. The rule of law exists in both Germany and the US. Of course it matters. The profit goes in the direction of headquarters, tax is paid in the country of headquarters, and the government of the country of headquarters has much bigger influence to the company.
>tax is paid in the country of headquarters Tax havens have something to say about that. The French semi giant, ST, is financially incorporated in the Netherlands (STMicroelectronics N.V.), as is the French giant Airbus (Airbus Group N.V.). There seems to be a pattern here. It's almost as if companies don't want to pay taxes, regardless if it's their home country.
Airbus are not a French giant. They're the result of a merger of Spanish, French, German and British aircraft companies. The HQ of Airbus civil aircraft is in France, but for Military aircraft it's in Spain, for helicopters it's in Germany. Wings are made in the UK. There are factories all over those places ( which presents unique challenges in terms of logistics, there's a lot of material out there on how they handle shipping various parts to the correct factory for final assembly, it's fascinating).
The Netherlands is a nice neutral location ( of course with a good tax regime and simple corporate structures) to have the registration.
Intel spent tens of billions on stock buybacks and now they're getting subsidies to build fabs. Why does the middle class taxpayer have to bail everyone out, with lower living standards due to taxation and inflation.
It's about national security. A fab is necessary for national security
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This will not do much with Taiwan being a single source for semiconductor manufacturing supplies. Much of critical blockers for chemicals, consumables, materials will still be in Taiwan just because the semi industry is that huge there. All 300mm fabs working outside of Taiwan are just few shipments of consumables away from stalling all the time. When Russia attacks Ukraine, the 3rd world is fucked. When China attack…
> When China attacks Taiwan, the 1st world is fucked. China would be shooting themselves in the foot by invading, because it would equally fuck them. I've read in may places that as soon as China invades, Taiwan will blow up all the fabs and supporting supply lines. So even if China takes control of Taiwan, the semiconductor industry will be a smoldering pile of nothingness. This article[1] does a great job in descri…
Why can't everyone get a help from the German government to start a business? I want to grow cucumbers, so it would be nice for Germany to pay to help me start a cucumber growing business.
I mean germany/the EU does pay subsidies to (cucumber)-farmers [0], there is literally billions each year flowing into keeping farmers somewhat afloat. [0] https://www.zeit.de/wirtschaft/2013-11/agrarreform-landwirts...
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>tax is paid in the country of headquarters Tax havens have something to say about that. The French semi giant, ST, is financially incorporated in the Netherlands (STMicroelectronics N.V.), as is the French giant Airbus (Airbus Group N.V.). There seems to be a pattern here. It's almost as if companies don't want to pay taxes, regardless if it's their home country.
Following the merger between Peugeot and Fiat-Chrysler the new company (Stellantis) is also headquartered in the Netherlands, though I believe that Fiat-Chrysler already was. That's a recurring issue for France because they are not business-friendly. It's not even a question of being a tax-heaven (the Netherlands are not) but simply to make everything unduly complex and costly. We've also seen that following Brexit:…
I disagree with that characterisation, doing business in France is not that complex. Amsterdam has a giant advantage though - the English language is widely spoken and accepted, which really isn't the case in Paris. If an international organisation is looking to move from London, Amsterdam makes much more sense than Paris, even if we disregard the taxes side of things.
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Subsidizing an American company is not necessary for Germany's security. In fact, it undermines it.
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wow, first time on HN ive seen both arguments and counterarguments this ridiculous. but wait, what am i saying, they are claims devoid of proof, references or even arguments.
At least Twitch chat has more fun memes.