Bye bye ASML & TSMC! China now makes its own lithography machines

China has 1.5bn people with an average IQ of 106. They can eventually duplicate any tech advance from Europe, the USA, or SK/Japan, unless the party imposes such a repressive and politicized system to seriously impair researchers’ ability to work.

Like @Begbie00 said, the issue is not in the manufacturing, the issue is in the whole entire chain of process, pre-production all the way to post-production support and sales that's even more important that we are yet to see whether China can handle and handle well. China is full of smart people, there is no doubt about that but are those smart people able to support and help each other, that's the question that @Begbie00 and many others here are digressing and the presence of a paranoid dictatorial regime that chooses to prioritize ideology over everything certainly does not help.
 
China has 1.5bn people with an average IQ of 106. They can eventually duplicate any tech advance from Europe, the USA, or SK/Japan, unless the party imposes such a repressive and politicized system to seriously impair researchers’ ability to work.
Not true, there are lots of other factors if you know the situation a little bit better...
 
China has 1.5bn people with an average IQ of 106. They can eventually duplicate any tech advance from Europe, the USA, or SK/Japan, unless the party imposes such a repressive and politicized system to seriously impair researchers’ ability to work.
LMAO
1/3 of Chinese are peasants living in squalor
But yeah…I’m sure they’re building world class technology in their mud huts.
 
LMAO
1/3 of Chinese are peasants living in squalor
But yeah…I’m sure they’re building world class technology in their mud huts.

population doesn’t matter, there are smart folks and average folks, c’est la vie. if all the smart folks have to wait for the rest, nothing would’ve happened in civilization.
 
It's actually frightening how fast the Chinese are able to innovate and bring products to the markets. Like Tim Cook said, Apple didn't go to China to get the cheapest labor which was how the moniker "Made in China" used to connote poor quality, they went there to get the expertise. Today, the speed of knowledge spreads so fast through the internet, people all around the globe can get up to speed incredibly quickly on the latest innovations. The Chinese seem to have a leg up in turning those ideas into working products.
Back in 2009 when I was at Citi as a tech developer, I remembered we had a team in Dailian. It was sometimes shocking at how quickly they could turn around code development. I told a colleague we would be out of job if the communication layer was better.
 
The US also shamefully tried (and still tries) to block China's space ambitions.
Look what happened: China since then has made its own space station, went to the Moon and to Mars... :)
Same will happen with its micro chip industry... No doubt about it!...
 
China tried to disassemble an ASML stepping machine to copy the technology. They failed.

They will find a lot of electronics. Unfortunatelly they cannot buy these electronics... and not copy probably.

China once bought a stepping machine from ASML in the Netherlands to try to copy it and make chips themself. They dismounted everything, didn't understand anything, and tried to put the machine together again. The machine never worked again, and the Chinese still have no clue about what they wanted to find out. They just lost (i think) around $250 MM as the machine became in fact scrap, but in a beautiful package.
 
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China tried to disassemble an ASML stepping machine to copy the technology. They failed.

small price yo pay to see what’s inside.

i am shorting asml via put and cash secured put, don’t like companies who get involved in politics, like micron.
 
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