11–20 of 318 posts
Obviously they cannot all be right.
The only that I think is given that will expand its global market share is China. Paradoxically because of the US sanctions and the fact that it relies so much on imports presently.
The only feasible solution I could think of is let Taiwan joined the EU.
Obviously, companies want to make money, but the goals of the government have somewhat been at odds with funding growth and innovation in this sector because of some resentment on the ground from citizens. Tax legislation is all over the place and it's becoming more and more expensive to hire experts from around the world. I understand the sentiment to start hiring at home, but at a certain point, you have to take stock of what is available and get to work with what tools you have. Invest in education for your local population (lots of cuts in the past two decades) but don't punish individuals and companies trying to get work done and benefit your economy.
The infrastructure is basically all in place for Europe to foster its own Silicon Valley, with homegrown production to boot!, but it will come down to politics to make it a reality. These goals are good baby steps, but they need to ramp up quick if the EU is serious about becoming a global competitor.
All the big blocks: EU, US, South Korea, Taiwan, and China assume that their subsidy policies will expand their market share. Obviously they cannot all be right. The only that I think is given that will expand its global market share is China. Paradoxically because of the US sanctions and the fact that it relies so much on imports presently.
But Europe has ASML and Zeiss.
Realistically, ASML is controlled by the US Army. I am not saying this lightly. NATO's top priority in Europe is ASML, and NATO is mostly a US extension.
Also of all things the only real European adversary could target, some fragile equipment and ephemeral IP isn't not one.
Random aside, but I love this news site. It's oldschool in the best of ways.
All the big blocks: EU, US, South Korea, Taiwan, and China assume that their subsidy policies will expand their market share. Obviously they cannot all be right. The only that I think is given that will expand its global market share is China. Paradoxically because of the US sanctions and the fact that it relies so much on imports presently.
Sure they can, just ban imports. Each country/trade bloc ends up with their own chip.
Earlier quoted context omitted.
Realistically, ASML is controlled by the US Army. I am not saying this lightly. NATO's top priority in Europe is ASML, and NATO is mostly a US extension.
It's news to me that NATO's top priority is a company created 35 years after its own.
Earlier quoted context omitted.
Realistically, ASML is controlled by the US Army. I am not saying this lightly. NATO's top priority in Europe is ASML, and NATO is mostly a US extension.
That's pretty insane an assumption. If the US wanted ASML so badly they'd piecemeal buy the most important bits, not waste trillions on NATO. Also of all things the only real European adversary could target, some fragile equipment and ephemeral IP isn't not one.