We really need to focus on getting Taiwan Semiconductor companies to have at minimum a backup production capability in the US.
I understand Taiwan produces 50% of the world’s semiconductor and 90% of the premium chips.
That’s a nice spoil if China decides to take it.
We don’t want to be entirely dependent on Taiwan for chips if China starts a war.
Backup production facilities in the US also allows the Taiwan companies to destroy the tech in Taiwan, should a Chinese invasion appear to be going badly for Taiwan.
Of course, the one place they will never locate is here.
This effort began under the Trump administration because the business world was suddenly realizing that Trump could unilaterally make trade and tariff decisions that drastically screwed up corporate planning that takes years to set in place.
If these things hadn’t started under Trump, the supply chain disruptions we had during Covid would have been even worse. Nobody would dare give Trump credit for being prescient on that front though.
Unfortunately, a lot of the factories in “friendlier” countries might as well be in China because the intellectual property has already been stolen and the Chinese are still playing a major role in setting up non-China-based factories because the Chinese have gotten really good at setting up effective manufacturing operations quickly.
Let's see if our International Corporation can screw American Workers and America better in some quiet Foreign Country, after all, we have to keep those jobs and investment OUT of America.
I don’t need my new clothes washer to sing me a song when its cycle’s finished. If we lost half of Taiwan’s chips it wouldn’t bother me.
Its a baby step in the right direction.
As much as possible, western companies should be bringing as much of the supply chain as possible back to western countries. At the very least though, they need to first move a lot more of their supply chains OUT of China. They are actively strengthening an enemy by remaining there AND they are leaving themselves wide open to both disaster if China ever cuts them off and to being pressured by the Chinese government whenever it wants something.
I tried making this point to Wal-Mart when I worked at their corporate HQ 20 years ago. My exact words were “Imagine what happens to our stores if one missile flies over the Taiwan strait.” Nobody wanted to listen then. Maybe they’ll listen to that message now.
>>I understand Taiwan produces 50% of the world’s semiconductor and 90% of the premium chips.<<
>>That’s a nice spoil if China decides to take it.<<
...The crown jewel and the communist know it.
That’s a really dumb sounding term.