Re: Chinese semiconductors

On Wed, 19 Jun 2024 06:18:42 -0700, john larkin <jl@650pot.com> wrote:

On Wed, 19 Jun 2024 08:53:34 -0400, legg <legg@nospam.magma.ca> wrote:
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On Tue, 18 Jun 2024 13:00:23 -0700, john larkin <jl@650pot.com> wrote:
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https://www.tomshardware.com/tech-industry/major-chinese-semiconductor-company-goes-bankrupt-23-others-recently-withdrew-ipo-applications
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Good grief. Crazy numbers.

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10,000 bankruptcies representing only 1 in 5 start-ups for
the year.
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Sounds like a normal ratio.
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RL

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The idea of any country "registering" 50,000 semiconductor companies
in one year is absurd.  It's the same corrupt fad dynamics as the
Chinese real-estate scam.
>
Communism always becomes savage and corrupt and inefficient. It's
really the wrong environment for inventing and developing electronics.
The US has lots of started-small innovative tech companies, some of
which are world-dominant now. I see a some of that in the UK and
Ireland and a bit in France and the Netherlands.
>
The sequence matters. Some outfits start with ideas and eventually
make a lot of money. Some start with a heap of invested money, have no
original ideas, and fail.
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>
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Hey, we have an aphorism:

Ideas create money, but money doesn't create ideas.