It says they’ll face fines if they violate, no jail time mentioned. So... China could just offer to pay the fine? Hopefully.
I can't get behind the pay wall.Prob doesn't matter if Taiwanese them-self seeks to look for a job in China. They can just get into contact via the company or a mainland recruiter.
I can't get behind the pay wall.
How do they intend on implementing it?
Restrict travel? What if they go to China via the Maldives or Thailand?
If they are not careful, all it really means is that the talent NEVER comes back, even to visit.
Disagree with your conclusion that EU will not go along.
ASML is just a company. History has shown that Gov can do whatever they want regardless to the wishes of the companies
Basically, the ASML is not representing the EU stance
Nobody with a sane mind would invest billions of Euros (dozens of billions?...) in an extremely high-risk industry in EU. Next day, you would have environmentalists, corrupt politicians, incompetent and hostile bureaucrats, slow and idiotic courts, extremely strong unions, union strikes etc trying to make life worse for that businessAgreed. ASML is just defending their own interests. They want to sell their machine tools to anyone who will buy them and China is a huge market. Biggest growth in the industry worldwide. But if the US leans over the government of the Netherlands then ASML will have to comply. Even without doing that, they only need to cut supplies of light sources from Cymer and their whole supply would collapse. So ASML will comply with whatever the US wants. If ASML wants the Chinese market then they need to move light source production to Europe or get light source from someplace else.
Europe as a semiconductor power is dead. There was a brief resurgence thanks to Arm Ltd. But with the UK outside the EU, Arm Ltd. in the hands of a Japanese investor who overpaid when he bought it and, was burnt with stupid investments like WeWork, and NVIDIA waiting on the wings to purchase it at a minor profit for him, Europe risks losing this business altogether. European semi fabs are much more dire. Only STMicro is still somewhat relevant but they do only niche business like automotive and MEMS. They do not have the capital or the clients to compete with the big boys. With regards to consumer electronics, it was all outsourced to Asia decades ago.
Nobody with a sane mind would invest billions of Euros (dozens of billions?...) in an extremely high-risk industry in EU. Next day, you would have environmentalists, corrupt politicians, incompetent and hostile bureaucrats, slow and idiotic courts, extremely strong unions, union strikes etc trying to make life worse for that business
There is no way that someone would invest that much money unless it involved subsidies (lots..) and even then it would just be for "face" and do the minimal work required with 0 competitiveness and innovation.
Facts, EU is failing and it is now living from the past colonial wealth plunder. The only country in the EU which is very good is Germany, thats it. The rest of the EU could not exist and Germany would still find a way to keep their economy afloat
Good strategy. You dont start masive Fabs with outdated tech.An interesting distribution. Manufacturing investment is almost non-existent but there is a massive investment in fab equipment and materials. China is going to achieve quality before quantity with this distribution.
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