Cimbazarov [none/use name]

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Joined 5 months ago
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Cake day: December 27th, 2024

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  • I was reading Chip War by Chris Miller, and throughout the book he throws so much shade at China (a bit at the soviet union too). And then i get to the chapter where he talks about the more modern day when Xi Jinping became leader, and its so comical how he tries to portray China.

    He talks about how the semicomductor companies are a under a tight leash by the CPC. I realize that that only sounds bad if you assume CPC = evil therefore bad.

    He also spent the first half of the book talking about how chip companies needed heavy subsidies and intervention from the government. So put it together, his point is that CPC is bad because they are subsidizing their chip industry (which America/South Korea/Taiwan already do) while also maintaining control over it. A complete contradiction of free market principles! So which is it? Government intervention is required to build a strong chip industry? Or government shouldnt intervene in semiconductor companies except to give them blank checks? As he has shown in the American semiconductor industry, the latter has caused them to fall behind twice.

    He also talks about when Taiwan was going through a crisis, Morris Chang ensured that the government would bail TSMC out. This is portrayed as a good thing though.