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TSMC looks to double down on U.S. chip factories as talks in Europe falter

(www.reuters.com)
437 points adventured | 1 comments | 15 May 21 00:49 UTC | HN request time: 0.283s | source
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_the_inflator ◴[15 May 21 06:00 UTC] No.27162817[source]▶
"European chip and auto companies, for their part, are mostly lined up against the idea. They would prefer subsidies for the older-generation chips that are heavily used by car manufacturers and are in short supply.

Many of TSMC's most lucrative customers, such as Apple, are U.S.-based, while its European customer base is made up of mostly of automakers buying less-advanced chips."

Oh boy... This is exactly why EU will always stay third behind USA, China...

"We don't need e mobility, we have the best combustion engines!" Tesla owns VW now.

"We don't need Apple like chips"

This hurts. Apple and rest does many things differently and way better than EU. We should learn from them.

Or do I miss something?

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1. dougmwne ◴[15 May 21 06:37 UTC] No.27162975[source]▶
That sounds like a pretty low information hot take. While it's probably true that car manufacturers are calling for more manufacturing of the chips they use right now to deal with the shortages, that's a 2021 and 2022 issue. I don't see any plausible reason why Europe would not see the value in having advanced chip fabs over the next 15 years. It's mostly likely that behind the scenes TSMC demanded more in subsidies than Europe was willing to give and that the Americans' pocket books are wide open at the moment.

I think Europe is more likely to remain third due to bureaucracy, multilateralism and a regulatory and investment philosophy that favors European businesses and citizens over international businesses. The cost of being first is high anyway.