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NNTP-Posting-Date: Wed, 19 Jun 2024 13:58:25 +0000
From: john larkin <jl@650pot.com>
Newsgroups: sci.electronics.design
Subject: Re: Chinese semiconductors
Date: Wed, 19 Jun 2024 06:58:25 -0700
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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:
>
>>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.
>
>
>

Hey, we have an aphorism:

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