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Mikhail Liebenstein

Zerohedge - what the trade war is really about?

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https://www.zerohedge.com/news/2018-12-10/what-trade-war-china-really-about

Great Zerohedge article.

I think this is definitely an accurate portrayal of the coming technology war.

In my jobs over the last 20 years i’ve met with a lot of the key firms mentioned in the article. And  I agree with one of the key conclusions that it is not so much designing chips (it’s all done in software these days) that is the challenge, but actually the equipment to build them that matters. I’ve met with the Dutch firm mentioned, ASML, which was a spin out of Phillips - what they do is totally amazing and without them many chips, especially at the smallest scale would not be possible. The thing the broader economy and firms are good at building code to run on these chips, but it’s the specialism in the manufacturing which is where the real value is in respect of making things possible.

If the US and EU pulled out these trump cards, they could tank the Chinese economy. Of course, we’d then need to provide subsidy to help build EU/US fab and manufacturing plants. But given China and Huawei’s IP theft, this might be worth doing to suppress the authoritarian regime.

 

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11 hours ago, Mikhail Liebenstein said:

https://www.zerohedge.com/news/2018-12-10/what-trade-war-china-really-about

Great Zerohedge article.

I think this is definitely an accurate portrayal of the coming technology war.

In my jobs over the last 20 years i’ve met with a lot of the key firms mentioned in the article. And  I agree with one of the key conclusions that it is not so much designing chips (it’s all done in software these days) that is the challenge, but actually the equipment to build them that matters. I’ve met with the Dutch firm mentioned, ASML, which was a spin out of Phillips - what they do is totally amazing and without them many chips, especially at the smallest scale would not be possible. The thing the broader economy and firms are good at building code to run on these chips, but it’s the specialism in the manufacturing which is where the real value is in respect of making things possible.

If the US and EU pulled out these trump cards, they could tank the Chinese economy. Of course, we’d then need to provide subsidy to help build EU/US fab and manufacturing plants. But given China and Huawei’s IP theft, this might be worth doing to suppress the authoritarian regime.

 

Bit late in the day to start suppressing 'the authoritarian regime'. That game's already lost.

562a33dec4618868738b4576.jpg

 

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  • 293 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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