News U.S. plans to invest CHIPS Act money in Vietnamese semiconductor industry

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Great.... like China was not a good lesson.
How about we diversify in countries that are not communist...

Better yet how about we first re-establish chip industry at home, before we even think about others...
 
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accolite said:
Great.... like China was not a good lesson.
How about we diversify in countries that are not communist...

Better yet how about we first re-establish chip industry at home, before we even think about others...
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This is already happening with TSMC's investment in the Arizona fab -- but it's hitting headwinds with labor unions and costs much higher than those in Asia. If you're willing to spend twice the price for your electronics, it can be made in America.
 
gg83 said:
Why are we investing in another communist country? Oh, because they can pay their workers whatever they want.
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Multinationals can pay the workers what they want and count on government coercion to force the workers to submit.

I believe the most dangerous aspect of the CCP's is not their aggressive militarism or mercantilist economic bullying, it's the attractive example they present to Global Elites of how a modern society can be ordered without freedom for the great majority of people for the exclusive benefit of the ruling classes. The Davos crowd are always giddy with the possibility of implementing CCP policies (likely with "Western Characteristics") in their own countries.
 
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"reducing dependency on China and instead become dependent on Vietnam."
Fixed it for you.

It's pretty sad to see taxpayers money flow to foreign countries, because businesses outsource to avoid taxation and reduce labor costs. All to increase their shareholders profits.

It's really the world upside down if you ask me. That money and more should be flowing to US facilities to increase chip production in the US. Once you do that you never have to worry about any type of influence another country would have on the chip market, because you would not be dependent on them for chips.
 
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So clearly the US did not learn its lesson by investing heavily in ideology different governments the first time?

I guess so long as there is more than one source it's better than nothing from a supply chain point of view. That is, unless they team up of course.
 
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vituminx said:
This is already happening with TSMC's investment in the Arizona fab -- but it's hitting headwinds with labor unions and costs much higher than those in Asia. If you're willing to spend twice the price for your electronics, it can be made in America.
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Smoke and mirrors from TSMC. Texas Instruments and Intel have both open new plants in the US without "labor issues" from the unions.
 
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I can’t believe we’re taking CHIPS act money and giving it to Vietnam. Spend it on US jobs/factories or don’t take the money at all. This is some chrony capitalism anti-human rights BS. These mega corps can globally diversify their supply chain on their own dime. I thought Chips is supposed to be ear marked for domestic investment, not a authoritarian communist country. I thought at least one party in US politics would have an issue with this, but apparently not.
 
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So the OECD, a conglomerate of foreign governments which also includes the US, decides how US taxpayer $ is spent? And its spent in another country, that defeated the US and is communist, how do you rationalize this to US taxpayers?
How is it possible that the CHIPS act is funding development in not the US?
 
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kep55 said:
Having missed the war that was supposed to stop the communist domino effect (thank you, President Nixon), all I can say is "Con chuột gầm lên."
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Can you explain the significance and source of the quote to me ?

I have seen the Peter Sellers movie "The Mouse that Roared" but feel I'm probably missing something.
 
Tha
Co BIY said:
Multinationals can pay the workers what they want and count on government coercion to force the workers to submit.

I believe the most dangerous aspect of the CCP's is not their aggressive militarism or mercantilist economic bullying, it's the attractive example they present to Global Elites of how a modern society can be ordered without freedom for the great majority of people for the exclusive benefit of the ruling classes. The Davos crowd are always giddy with the possibility of implementing CCP policies (likely with "Western Characteristics") in their own countries.
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That is a perfect point! There are usually much lower environmental standards as well.
 
vituminx said:
This is already happening with TSMC's investment in the Arizona fab -- but it's hitting headwinds with labor unions and costs much higher than those in Asia. If you're willing to spend twice the price for your electronics, it can be made in America.
Click to expand...
I dont think you understand my point?

It's obvious the US is is trying to get back into it, but we are not there, most fabs are still in construction. Only one fab hit "self made" headwinds (TSMC).

When did price of electronics come into this, this is about having a local supply.

My point was that we should not even send any money anywhere until our industry is re-built.
Yes, it has started, but has it matured, No. Most are still in construction phase or nearing the completion (Intel, I think has one project up and running). Also last I read they still have not been paid their share of the CHIPS act, and because of that they are pushing out the start dates.
 
Americans keep thinking us Asians are morons. The US demands Korea and Taiwan move their most cutting edge fab, packaging, and memory technology to the US. Then set up agreement with Japan to develop the next generation tech to cut us out, and invest in Vietnam to undercut us.

Of course our colonial administration governments will comply with whatever the US demands but don’t take us for morons; we know what’s happening
 
So my understanding from this article was referring to investment in assembly and test operations. These are generally much less technical, requiring less capital investment and therefore more labor intensive. Most of the jobs spurred by this investment would generally pay less than the minimum wage of most US states so it makes sense for them to be built outside of the US.

This seems like a calculated investment choice by the US government... where can we send our chips which are designed and manufactured here in the US (vast bulk of technical know how and revenue) and send to get packaged and tested in a relatively friendly country that doesn't' start with Ch, and has a lower cost of doing business, lol. There are of course some very advanced packaging plants that companies like Intel keep on US shores. I've worked at many companies and we sent nearly all our assembly and test to countries like Vietnam, Thailand, Korea and Taiwan.
 
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