Here are the links to other Asianometry videos that mentioned in the video, with timestamps: 1:48 The Waishengren, Briefly Explained kzread.info/dash/bejne/ooalm6SYXdbcprg.html 4:47 Hongxin: China’s Billion Dollar Semiconductor Failure kzread.info/dash/bejne/gY6H2KaSdMnKZ5s.html

@lesliemignott1978

3 жыл бұрын

1a

Sir, what you're putting on KZread is absolute gold, hands down you're one of my favourite channel on KZread. The quality of your content is amazing. 👌

13:57 "David Wong did not last long" that Rhymes.

Discovered your channel recently. Enjoyed and learnt from what I have seen so far. Thank you.

Well done...and most enjoyable report on a complex subject.

I worked at an SMIC related private school for years and had no idea that this was all going on at the company. Really provides me with more useful perspective and context. Appreciate your videos! Keep up the good work.

Love your channel. Do you know anything about the Motorola Fab that was built Tienjin China in mid to late 90s? It was eventually sold to SMIC. I'm curious about the impact this had on the semiconductor industry in China.

Yet another excellent video !

A very nice account of the industry ! Thank you for sharing .

Nothing wrong with making a commodity product if you can do it right

@duyle-ej6ty

3 жыл бұрын

except for a series of stealing tech secrets, I agree.

@Amidat

3 жыл бұрын

@@duyle-ej6ty every semi company has done so...

@rydplrs71

2 жыл бұрын

Even for commodities the profit is in the first 6-18 months of a new product category. Fairchild made good money after developing u-serdes but within 12-18 months they had zero sales because their cost had been undercut.

@pedersteenjensen8484

2 жыл бұрын

@@duyle-ej6ty Can you think of a single tech company that hasn't been involved in IP litigation? Google bought Motorola to get hands on the 11,000 patens strong portfolio to have some ammo to shoot back with when there was threats of lawsuits against android. The Apple vs QCOM case was something along the lines of QCOM suing for breach of 12 patents and AAPL hitting back with lawsuits regarding breach of 8. If you make a 5G smartphone, you a liable for ~150,000 patents. The only way to be financially feasible is to have enough IP to counter sue, if another industry player sues you for royalties.

@duyle-ej6ty

2 жыл бұрын

@@pedersteenjensen8484 um... Sorry, but I said stealing, not IP litigation. IP litigation can be solved in court and can be repaid with fine and royalties. Good luck trying to do that in China.

Not to mention the partnership with Huawei hisilicone that will help push them closer to TSMC

@duyle-ej6ty

3 жыл бұрын

um... not working in semiconductor, but I know Huawei hisilicon designs the chip while smic makes the chip, like tsmc. How the hell does hisilicon push smic closer to tsmc again? Makes no sense.

@Amidat

3 жыл бұрын

@@duyle-ej6ty makes perfect sense because tools companies - design companies - manufacturing companies all work together.

@Amidat

3 жыл бұрын

Yes HiSilicon is working with the whole supply chain - including EDA software

@igorrizvic6008

2 жыл бұрын

Omg thats the tip top of it all..amazing..

@letthetunesflow

2 жыл бұрын

Umm… seeing as ASML can’t sell their their EUV tech to China or the fact most chips are designed in the USA and are barred from exporting to China I fail to see how China has any chance of competing for any of the high end chip market… They are going to be relegated to the mid to low end market until those sanctions are lifted, and I don’t see that happening anytime soon! Huawei has already had to stop making 5G phones, and have already had to switch their flagship phones back to last gen 4G processors. China has made their bed and now has to lie in it! The evil genocidal CCP is now having to bare the consequences of their evil regime! Good riddance!

Thank You so much!

This is a very good channel.

Very Valuable Informative Topics...like Gold ...so precious like Diamond.....I was absolutely amazed....Excellence....Thank You Very much

How to research a topic like Asianometry? Also how to prepare and present the narrative as Asianometry does?

@PeterSodhi

2 жыл бұрын

Work hard there are no hacks

8:24 The bamboo ceiling concept is an interesting concept that I should probably read more about (starting with the Wikipedia article). By the way, it might be a good video idea too. It seems like most of the worlds best technology companies have leaders who are classified by the US government as "Asian": CEO of AMD Lisa Su (Taiwanese American), Microsoft CEO Satya Nadella (Indian American), Alphabet CEO Sundar Pichai of Google (Indian American) and Nvidia CEO Jensen Huang (Taiwanese American, though he was a co-founder so didn't get promoted into his position). Side note: there's actually a really long list of notable leaders on the (hilariously named) Wikipedia pages "List of Taiwanese Americans" and "List of Asian Americans". Lol, it does not appear to be an exhaustive list, but it's a start. Of course the fact that so many companies have leadership (and middle management) being Asian American does not preclude racism and discrimination of course. The Asian American immigrant leaders I've listed spent their childhood in the United States and "speak" American both culturally and linguistically. Perhaps some individuals may be brought up in a way that looks down upon eg, being a "mover and a shaker" and "rocking the boat", which perhaps may not be well suited for being promoted to leadership roles in technology (at least in the typical American business context). All that said, when it comes to measuring racism you need to look at proportions of populations and do statistical analysis: Asian Americans are underrepresented in leadership roles by education, but over represented by percentage of population.

@shazmosushi

3 жыл бұрын

en.wikipedia.org/wiki/List_of_Taiwanese_Americans#Business en.wikipedia.org/wiki/List_of_Asian_Americans#Business_and_industry en.wikipedia.org/wiki/Bamboo_ceiling

@arminius6506

3 жыл бұрын

Interesting insight

@po-chiren2620

3 жыл бұрын

C

@mattslowikowski3530

2 жыл бұрын

How is this different than literally any other country? The only exception are Americans going to other companies to give those companies insight into the US market. Any random country in the world will prefer its own over any other random country in the world.

@overlordborn6131

2 жыл бұрын

Tmsc founder was from mainland China.

Nice vid👍👍👍

I like your video,as you didn't put thing according to your view but according to the actual people view.very less people in this world who share info without bais.keep up your good work.

Unrelated to semiconductors. Was wondering if you can do a video essay on the Chinese hemp industry at some point in the future?

@marctemura2017

3 жыл бұрын

Not without more land. The Chinese need that land for food not hemp.

Is CPC not CCP.

Thank you for this,. Really interesting.

My SMICY stock was halted in US market. Does anyone know when it will able to trade again? Are they gonna be listed on OTC at least?

@duyle-ej6ty

3 жыл бұрын

I dont think so. I didn't even know that it was listed. But it was added to the black list. Not gonna to get relieved any time soon.

@jensensean7118

2 жыл бұрын

TRY to buy 981 HK listed in HK， where there is a HKD-USD peg, removing the currency risk. The stock is very well researched and has a lot of public media interest on the counter. Butit tends to be volatile and always torn between two camps of views, with major head wind of Western blocking of selling top-notch lithography machine to it. BUT, the firm is making money for a few years consecutively. Just to share some view.

Your videos are amazing. You are so good thanks so much all of this information. 🙌🏽

Thanks for the informative info on SMIC

Watching this video after the news just dropped that Smic is producing chips using a 7nm process. Not clear how they are doing it as regulations prevent ASML from selling them the most advanced EUV lithography equipment. Might they be using tech similar to nonimprint lithography?

I'd be very interested in a video exploring how evolved and will evolve patterns of migration of Chinese students and workers in and out China. Will China be capable of retaining what appears to be a brain drain so far?

@Asianometry

3 жыл бұрын

I’ll add it to the list. Might be interesting

@etbadaboum

3 жыл бұрын

@@Asianometry Thank you. I love your videos, always very informative.

@finnhansen3225

3 жыл бұрын

@@etbadaboum There is no brain drain. I don't know how many enter US for studying R & D but complete chinese students in the US 400.000 and in China they employ 1,8 million in R & D and many more in China would love to work in R & D in China. You think when 400.000 leave for US and there are 1,4 billion in China there is a brain drain ?

@finnhansen3225

3 жыл бұрын

@@etbadaboum So when 0,1 % of population leave China there is a brain drain ?

@etbadaboum

3 жыл бұрын

@@finnhansen3225 It is actually based on the educated elite. The Chinese education ministry complains about it every year.

At 1/2 market share of TSMC. 3rd after USMC. Not quite "rival" to number 1.

Sorry, newsletters are no longer a thing in 2022. In fact they haven't been for quite a few years. I have subscribed to your channel with is much more useful to me.

CPC is the name of the party, I think.

They can get TEL equipment for most operations, but leading edge technology from ASML, LAM, and Applied Materials is going to be subject to export restrictions. Even if/when they get approval it will continually keep them behind the technology curve. What ever happened to UMC?

@pedersteenjensen8484

2 жыл бұрын

SMIC wont ever get their hands on an EUV machine. But getting to 7nm should be feasible and therefore competitive in ~90% of the current market, and supposedly they are almost at tech parity on alternative materials chip. Which I am too dumb to even have a guess at what means.

7:40 how can shares get diluted? % of company ownership can, but then employees got valuation of just $1.4 mln at IPO, not some large % of multi-billion company.

Is SMIC traded on US stock market? If so what is the symbol. Otherwise great presentation. Thank you.

@KlodFather

2 жыл бұрын

no

@1.4billion65

2 жыл бұрын

they listed on Hong Kong stock market

nice

The reason of doing wrong is wanting to do something new. Above all, there is no shortcut for a chief to make the bread well.

In June 2021, China is already a leader in the production of 28 and 14 nm chips. And at the amazing pace that it is going very soon it will be a leader in the production of 7, 5, 3, 2, 1 nm chips. The advance of China is impressive, that is why its rivals are only doing bad and biased propaganda against China.

@jensensean7118

2 жыл бұрын

28nm maybe, but not 14, not yet.

@johnmaris1582

2 жыл бұрын

@@jensensean7118 yes not yet

Where have you worked before

Wonder China get its chips, who and where and what and how much, mostly from America, Koreans or Taiwan or Japan companies and Chinese ones?

@2KSnSLifestyle

3 жыл бұрын

I think about 80% of chips are imported.

@yuegonghuamei6685

3 жыл бұрын

@@2KSnSLifestyle Who import chips from what country and how much and China produce for its own chips?

@2KSnSLifestyle

3 жыл бұрын

@@yuegonghuamei6685 import from all over the world. You can go to shenzhen to find out.

@jasonwang1572

3 жыл бұрын

China can make a lot of chips too.

@hariskhan-xj4wk

3 жыл бұрын

almost 200 billion dollars chips imported

Any chance China can start using Risc V as a national processor?

@duyle-ej6ty

3 жыл бұрын

Not to be a nationalist. But US is leading in Risc V, so I guess they are following US suite. Could also try to steal tech secret.

@ricnyc2759

3 жыл бұрын

@@duyle-ej6ty There's nothing to be stolen. It's Open Source. Nice try.

@duyle-ej6ty

3 жыл бұрын

@@ricnyc2759 You are correct that the architecture of risc V is an open source. But to use that barebone architecture to come up with a massive designs like those of intel and arm is a different story. US is leading in risc v research. Additional designs on top of the open source still belongs to the companies. So yes, china could still tech secret.

@Amidat

3 жыл бұрын

@@duyle-ej6ty RISC V is open source so that makes no sense. It also purposely relocated to a neutral country in Europe to get away from US potential sanctions.

@Amidat

3 жыл бұрын

Go on the RISC V web site. They have plenty of Chinese partners.

I believe Chines can do anything if they put their mind in it Thats how they are brought up at a young age very smart.

@uilnivla77

3 жыл бұрын

Not if they were brought up in China.

@ernestjacob1991

3 жыл бұрын

@@uilnivla77 are you that dumb there is a lot of Chinese that brought up in China and they ara very successful

@twohorse123

3 жыл бұрын

@@ernestjacob1991 😂

@Ray89135

3 жыл бұрын

It's "Chinese", not "Chines". It's "that's", not "thats". And "very smart" at the end of the sentence does not belong there.

@Ray89135

3 жыл бұрын

@@ernestjacob1991 "that are brought" not "that brought"

Are you Hakkaese?

What about grace semiconductor company?

@tiga2001

3 жыл бұрын

if you watch the video, you'll see that he mentions grace semiconductor

@monkeyking-self-proclaimed7050

3 жыл бұрын

It crashed and burn.

@kianono3209

3 жыл бұрын

Grace semiconductor is founded by a Taiwanese businessman ,who also found Nanya Technology in Taiwan . Grace is his daughter's name , he sold the Fab to Chinese partner after years lose . Most Chinese semiconductor foundries are own or run by Taiwanese , about 3000 Taiwanese semiconductor engineers are working in China .

@nvaravind5394

3 жыл бұрын

@@kianono3209 Thanks. Good to know about more information on grace company.

@Amidat

3 жыл бұрын

Are they the same as Shanghai Huali?

What about not giving to China by usa?

@lianghao7128

3 жыл бұрын

TSMC and Samsung's chip production technology is far more advanced than Intel's, and even American companies rely on them

So this is consider as Taiwanese investment?

👍🙏👏

Very professional, well balanced video... For a future video on this subject: 1) What are the types of (and models of) Semiconductor Lithography equipment and supplies that were sold to SMIC annually 2001- 2021?? 2) What are the names of US companies that were suppliers of equipment, supplies- and support- to SMIC annually during 2001- 2021?? 3a) What are the names of non-US companies that were suppliers of equipment, supplies- and support- to SMIC annually during 2001- 2021?? 3b) Were any of these non-US companies subject to the US's "entity List" prohibition of doing business with SMIC?? 3c) If Yes, Which ones?? 4) Can the Lithography equipment in SMIC's Foundries (today) be operated today- and in future- by SMIC, despite the US putting SMIC on the US's "entity list"?? 5) What types of logic and memory chips did SMIC manufacture annually 2001- 2021?? 6) What are the names (and country affiliation) of companies that were SMIC's customers during 2001- 2021??

Hope SMIC will master the EUV technology with own IP and make 5nm wafers. All the best.

@ps3301

3 жыл бұрын

This is no luck in this field. It is all about research and investment. Stealing won't help to advance in process node. The current 14nm node of smic was stolen from tsmc.

@jasonwang1572

3 жыл бұрын

@A. I. no ，they made about $3b in 2020

@fadyNUFC

3 жыл бұрын

@@ps3301 smic is on 7nm now and researching 5 for 2022

@risedante9897

3 жыл бұрын

they are thieves

@duyle-ej6ty

3 жыл бұрын

I hope they don't. Stealing tech doesn't deserve to be best.

Went broke .

just conquer neon gas...

Closing lol

And less than 6 months later SMIC is now selling 7nm chips. 😂

TEAM CHINA NOW AND FOREVER ALL THE WAY!🙏👍🐲🐉🐼🌏🇨🇳🙂❗️

Unfortunately, the 5 nano foundries are starting in Taiwan. Thus, the great challenge SMIC will face again.

@chanh9220

3 жыл бұрын

Was told SMIC is currently in 14 nano technology. Think may need sometime to catch up.

@jehanc

3 жыл бұрын

@@chanh9220 Unfortunately, even Intel could not deliver 7 nano where is already Singapore and Taiwan foundries have already introduce a few years back. So if China attacking Taiwan will kill their own technologies.

@finnhansen3225

3 жыл бұрын

@@jehanc Kill their own technologies. What do you mean ?. China will overtake TSMC if taiwan is taken.

@reinerfranke5436

3 жыл бұрын

@@jehanc The terms are different. The intel 10nm is similar to TSMC 7nm in transistor density but using a more complicated multi-phase shift patterning with DUV instead of a single EUV. And Intel know about the limited capacity of 50 EUV machines per year from ASML. The game part was that it does take Intel longer to get yield on Intel10nm than to get operational EUV at ASML for TSMC7nm. For TSMC5nm and Intel7nm they both using EUV but ASML is then the global pinhole.

@KlodFather

2 жыл бұрын

@@finnhansen3225 - The plant will be destroyed if China moves on Taiwan. There will be no spoils of war for them and the cooks or makers who understand the recipe will end up in Europe, Japan, Korea, and USA. The war for China will go very badly because of how many other countries are willing to desimate china to get the dog to stop biting. They will not get a win and there will be no prize for them... Only lots of pain and death. Chinese cities will pay dearly for a Taiwan attack.

Now that SMIC is making and selling 7nm chips, racist American are calling Chinese copiers for stealing their technology but NVIDIA AND INTEL doesn't make any 7nm! And currently only Taiwan and South Korea makes 7nm.

CCP is committing over $1 trillion to this field. With millions of engineers, it might take less than 10 years before China takes the lead in this very complicated field.

@marctemura2017

3 жыл бұрын

Great, another money losing venture for the CCP. That I hope the keep pouring the money down a black hole.

@user-gc1hg9sp9k

3 жыл бұрын

@@marctemura2017 well look at high speed rail and solar panel tech in china

@marczhu7473

2 жыл бұрын

@@marctemura2017 look at amazon it was a losing venture for nearly 1 decade before becoming the leader.

@marctemura2017

2 жыл бұрын

@@evanh9301 Dude, don't get your hopes up that system is highly classified and being used by the government to spy on nations.

@marctemura2017

2 жыл бұрын

@@evanh9301 Let me give you example. In China this guy had a motorcycle it was stolen. Now there were cameras everywhere so went to the police. The police looked him said yea, so what? We can't help you. He said but there cameras everywhere recording. Police said go away. He latter found out that those cameras are used by the CCP to make sure their is no civil unrest not to stop any crime.

Uh

"CrOwN jEweL" 😂

imo SMIC's chances of succeeding on the leading edge is zero without access to EUV or other critical WFEs. The chances were pretty slim even when they could purchase them...

@2KSnSLifestyle

3 жыл бұрын

Nothing is impossible. As with all technology, you just need expertise, time and money. Remember everybody else started from zero. They just started earlier. Another thing it's not critical to have cutting edge technology in manufacturing. Most consumer goods can be done with 14nm processors or higher.

@doctorwilly

3 жыл бұрын

@@2KSnSLifestyle key word being "leading edge." I believe SMIC can do quite well in their mature offerings, especially in today's environment. Leading edge is a different story. even at 14nm only a number of firms have enough scale and money to afford the development costs. That also means large costs for 14nm customers at samsung/TSMC/Global foundry to add SMIC as their 2nd source to their existing products. Apple was the only company to dual source at 16/14nm, and they are not doing it anymore. While 14nm is good enough for most consumer use, the more important question is "what kinda customer can stay competitive at the node?" Sure Huawei can keep producing new phones with a 14nm SoC, but I think they will no longer be in the premium market, when everyone else is on 7/5nm. most leading edge products are high performance silicons. being on the trailing edge is a big disadvantage (case in point: AMD vs Intel.) being just good enough for the average consumers won't do it. u need it to be better than competition.

@2KSnSLifestyle

3 жыл бұрын

@@doctorwilly Not everyone want or can afford USD1000 phones. The majority of consumers are happy with 14 - 28 nm soc. AMD is a good example of using old technology to beat Intel. In fact SMIC is benefitting from the chip shortage by making chips for car makers using mature technology. Huawei also sells more 4G phones than its flagship phones. 5G base stations also don't require 5nm soc. With increased profits, SMIC and other Chinese companies can gain market share and wipe out its competitors. This is classic Microsoft strategy, surround your competitor from the outside.

@doctorwilly

3 жыл бұрын

@@2KSnSLifestyle no sir. AMD’s process surpassed intel when it moved to TSMC’s 7nm and its market share gain accelerated since. Manufacturing tech has been one of intel’s most important competitive advantages and they are now in hot water for falling behind. Again it’s not about being just good enough, it’s about better than ur competitors. Even Qualcomm’s low end soc ( for us$200 phones) this year will be on Samsung 8nm, I don’t know how a 16nm soc will get any design win at the low end. The same goes for base station chips; how do you win business when your competitors are on 7/5nm and their products are faster and more energy efficient. Finally SMIC needs more that just money. Global foundries/Samsung/intel have way more financial resources and engineering talents. GF dropped out while Samsung & intel both struggle to compete with tsmc at the leading edge(for now). Without access to critical us equipment manufacturer, it will take a miracle for SMIC to join the leading edge game, let alone beating any of the 3 top players.

@2KSnSLifestyle

3 жыл бұрын

@@doctorwilly Yes, but AMD started from behind and they caught up with Intel, then overtook Intel. You are assuming Chinese companies would remain at 14 nm. The reality is the majority of phones are still 4G LTE model. Most importantly Chinese companies would progress even if it takes ten years. Remember China started their high speed rail from scratch and became the leading player in less than 20 years. I can see indigenous supply chain coming out from Japan, Taiwan and China. After that they can sell their technology to China freely.

building for the glory of China? HARD PASS

🤣🤣🤣🤣🐒🍌✌

China Taiwan TSMC, CTSMC

SMIC can succeed because its funded by gov and military. just like huawei.

@marctemura2017

3 жыл бұрын

Well right, but that not success.

@eastsouth9548

2 жыл бұрын

@@marctemura2017 China should give SMIC a Monopoly on chips used for Government and Military. China should block TSMC and Intel from providing chips for local market. "Decouple" from those companies bit by bit Weird that USA and TSMC block China Huawei from getting chips because of connection to the military. But somehow TSMC and Intel still selling chips in China. The kind of last generation chips that are used by the military. the newers chips are used for phones. clear the intention of that ban wasnt about military but china making smart phones competing with apple.

@marctemura2017

2 жыл бұрын

@@eastsouth9548 Spoke like a true "Communist". If want to kill your economy and go back to being poor. No, monopolies kill "Innovation", they stagnate the economy cut jobs and create entitlement. That why the CCP wanted Tesla in the country, they were giving Chinese companies money and tax brakes and all they were producing was inferior products that no Chinese wanted to drive. Ask any Chinese person they would say your crazy to buy a Chinese car, even communist party officials wouldn't be caught dead driving around in a Chinese made car.

SMIC its like to be in 500 b.C and their competitorts like ASML is in 2022

China has pumped in billions of dollars and hired thousands of engineers from tsmc with disappointing technical results. Why ?

@Asianometry

3 жыл бұрын

SMIC is doing better than you think. Their financial results are quite strong right now, they are doing R&D on a process near equivalent to TSMC's 7nm, and have established themselves as the leading foundry in China. The job is hard. Even if the government gave me billions of dollars and let me hire a thousand Google engineers, building another Google would be exceedingly hard.

@mns4183

3 жыл бұрын

@@Asianometry Like your videos on semiconductors. So where does Fabless Huawei fit into this competition. Is Huawei's Fabless able to compete with Qualquam

@adityapatel9735

3 жыл бұрын

TSMC and Samsung rely on US Semiconductor Manufacturing Equipment, which isn't available to SMIC after the ban. If SMIC is able to access same manufacturing equipment as TSMC, then the comparison is more fair, but as of now China has to manufacture their own semiconductor manufacturing equipments, which will take time.

@mns4183

3 жыл бұрын

@@adityapatel9735 ASML from Netherlands, is the company that makes the equipment. It's not from US.

@adityapatel9735

3 жыл бұрын

@@mns4183 2 things. First, ASML's lithography machine is just one of the many semiconductor equipments needed for fabrication. A lot of other equipments are made by US and Japan. Second, Netherlands is an overseas puppet state of US, so feel free to consider Dutch IP as US IP.

You seems to be on the rolls of China 🇨🇳

bankcrupt

What do you call the “ceiling” applied to all foreign workers in China? Yeah, it’s not even a ceiling; you are down on the ground and always watching over your shoulder in case you said something wrong, bother the wrong bureaucrat or stepping on the wrong place. It’s incredible how someone could mention such fantasy when the whole video is about a Chinese who earned a big deal of his expertise in the US to become the leading businessman on his homeland. I wonder what counter examples one could provide of a foreigner in China obtaining the same knowledge value (on such dimensions) and giving it back to their western (or other hemisphere or culture) country.

@blokin5039

2 жыл бұрын

Gun powder is just one example . I see you are some racist who can't handle the fact that Chinese people are more intelligent than you. China can easily wreck your country by just stopping trade, you will die of misery.

Would you consider making actual videos in the future, instead of slide shows? ... To me - the content is great, but I click out after realizing I'm starring at the same shot for a while... just FYI ;)

The only way for SMIC to beat TSMC is by luring TSMC engineers with higher salaries. Luckily, most Taiwanese people aren't as materialistic as the mainland would believe.

@Doochos

3 жыл бұрын

about 10% of Taiwanese engineers have been lured to China . Technically not most, but that's a lot. Not sure how many have returned due to recent events

@shazmosushi

3 жыл бұрын

I don't knock any Taiwanese engineer for moving to China to make 2 or 3 times higher salary: as long as they're not any stealing trade secrets from their prior employer I see it as completely fair game. As this video suggests, most of these semiconductors fabs in China aren't actually making any money (and have no prospect of making money) but are instead propped up by billions of dollars of investment capital. This is by itself not a bad thing: Silicon Valley is fueled by ample investment capital for high risk projects and moonshots. But in China's case the money is coming from Local Government Financing Vehicles rather than private VC money. The Chinese Communist Party is encouraging provincial governments to take out massive loans and put the money into these high risk ventures run by princelings (children of Chinese Communist Party elites, like Jiang Mianheng). Taiwanese engineers can and should go to China, do their jobs to the best of their ability, and earn billions of dollars of this "dumb money" (as they have already been doing for decades). The companies they work for in China will eventually go out of business (due to princeling management and American sanctions), at which point the Taiwanese engineers can move back to Taiwan and go work for better managed companies like TSMC. It's unfortunate the regular people of China will be left with the bill, but that's the responsibility of China's government and the management of the companies that are hiring. Not the random Taiwanese engineer who is hired and goes to China to do their job to the best of their abilities.

@Bangy

3 жыл бұрын

@@shazmosushi They're not even going to China. They're just driving down the road to the SMIC factory.

@user-hd3ho5hv1m

3 жыл бұрын

Mainland China has many more intelligent engineers than Taiwan and USA. It just a Matter of time for mainland China to catch on. No doubt about it.

@albertwong1919

3 жыл бұрын

@@shazmosushi - China after world war 2 and after the CCP won the war against the KMT was dirty poor and yet they succeed to build their own atomic bomb whereas Iran is still struggling on theirs to this day.... This is indeed a problem for SMIC with the sanctions but as many have pointed out this is only for the higher end equipment towards 5nm and beyond, but there is sufficient margins to be made on the lower end chips that are the bread and butter of electronic devices. So the issue is do u win the battle and lose the war or do u regroup, restrategise and plan for the long term to win the war. My bet is on the latter.

SMIC is on its way out. Its a dubious company.

So many scam in China 😁

@masonyao8439

3 жыл бұрын

yes most scams from taiwan province of china i am sorry about that

@roro4787

Жыл бұрын

same as USA

Ughh can I throw up every time he says China Mainland. Chinglish at best. Mainland China in English. Beyond that better to just say China and call Taiwan what we effectively are. A separate country.

@Asianometry

3 жыл бұрын

Thanks for your kind words.

@Amidat

3 жыл бұрын

well then you should say People's Republic of China and Republic of China... Just like North and South Korea.

@naguoning

3 жыл бұрын

@@Amidat It is quicker to say China/Taiwan and we all know this means PRC/ROC if you must call that....

@KlodFather

2 жыл бұрын

Taiwan's name is Taiwan and is a separate country from China... Regardless how much the CCP think they have a right to it. Its OK if they are pissed off. They are pissed off about everything. Not even their Asian and Chinese neighbors like them. Taiwan, Singapore, Malaysia, Philippines, Japan, Vietnam are just a few. Their insisting on the 9 dash line and Taiwan being part of china is getting old and no one else agrees with it.

@leezhieng

2 жыл бұрын

@@KlodFather separate country? I don't see that name in United Nations list of sovereignty... oh wait it's not a country.