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NNTP-Posting-Date: Wed, 19 Jun 2024 13:18:42 +0000
From: john larkin <jl@650pot.com>
Newsgroups: sci.electronics.design
Subject: Re: Chinese semiconductors
Date: Wed, 19 Jun 2024 06:18:42 -0700
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On Wed, 19 Jun 2024 08:53:34 -0400, legg <legg@nospam.magma.ca> wrote:

>On Tue, 18 Jun 2024 13:00:23 -0700, john larkin <jl@650pot.com> wrote:
>
>>https://www.tomshardware.com/tech-industry/major-chinese-semiconductor-company-goes-bankrupt-23-others-recently-withdrew-ipo-applications
>>
>>Good grief. Crazy numbers.
>
>10,000 bankruptcies representing only 1 in 5 start-ups for 
>the year.
>
>Sounds like a normal ratio.
>
>RL

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.