Posted on 11/02/2023 11:15:59 PM PDT by cba123
HANOI (Reuters) - Dutch semiconductor companies and suppliers are planning manufacturing investments in Vietnam, top officials told Reuters on Thursday during a business mission to Hanoi led by outgoing Prime Minister Mark Rutte.
Initial known investments are not large, but signal a shift to reduce reliance on China as a hub for exports amid increasing trade tensions between Beijing and the West which have curbed the Netherlands' sales of the most advanced chips to China.
Roughly a dozen of the nearly 30 businesses that accompanied Rutte were representatives of chips companies or suppliers of semiconductor firms, according to the delegation's list.
(Excerpt) Read more at finance.yahoo.com ...
How come these dopes never consider, “Hey we should make chips here.”
Rather than find another Third World contractor to become dependent on ?
I agree, but be aware Vietnam is NOT anti-America, in fact Vietnamese public opinion about America is at the very top, of any country in the entire world.
I am slightly biased, because I live here now.
But it is truly remarkable. Despite the Vietnam war, they all are quite pro-American.
Even in Hanoi.
Anti-American or not, having a supply chain like that for critical components is monumentally stupid.
It’s a 10,000 mile ocean voyage. In any war situation it will be cut off.
These clowns should have learned that with corona and ppe, but apparently not.
Lots of chips are made in Taiwan. The demand for semi-conductors continues to grow faster than the ability to make them. It takes months to make a chip and even longer to make the factory that produces them. If it is not the weakest link in our Civilization right now it certainly is close.
actually pretty good news
US and Vietnam ink historic partnership in Biden visit, with eyes on China
Bookmark
Microchip manufacturing is the most automated process in the industrial world.
Very hard for me to understand why Developed Countries would outsource something that important to potential enemies like China or to Third World Countries.
LOL!
Second world, depending on level of industrialization.
Remember the old “world” definitions, i.e. first world = free “democratic”/republican countries, second world = communist bloc, third world = undeveloped backward countries that the second world always looks to take over for resources (and upbraids the first world for seeking to protect them from the second world). That became “developed nations” and “developing nations” after the Cold War ended, with China in the perpetual “developing nation” status.
True, I was thinking location as much as whatever level of development.
Even if they were getting it from Japan, it would still be insane given the geography of such a supply chain.
They will trade Tulip bulbs for them
More likely because of the Vietnam war.
Many Vietnamese were able to encounter Americans up close and personal. Many Vietnamese have relatives who live in America.
My guess is there is an opposite opinion about China and Russia.
They are nearing completion. 1-2 years.
*My guess is there is an opposite opinion about China and Russia.*
The Russians came in when we left. They were called Americans without money. No wonder they love us. We should give them the $4 billion Kissinger promised. Set up chip plants with it. Bingo!
Taiwan does the same. Can’t let the Chicoms control it-they will.
Its very expensive to build even a low tech fab.
Normally they are abandoned or moved to very inexpensive chips.
To build a new low tech fab doesn’t make economic sense.
Today, anything larger than 180nm is considered very low tech but many are used in cars and inexpensive communications.
They still pretty much blame the French for the war.
Vietnam realized in the 80s that Communism doesn’t work.
Still autocratic, but then again, so is Singapore.
#9 Plus the factories cost billions to build.
The cost of the workers salaries would be minor in comparison.
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