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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 | 2 comments | 15 May 21 00:49 UTC | HN request time: 0.469s | 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. Dah00n ◴[15 May 21 08:49 UTC] No.27163539[source]▶
>Tesla owns VW now.

One is a company that make less money selling cars than trading bitcoins and emission certificates. The other is selling more cars than anyone else. It's less than 500.000 cars a year versus 2.8 million cars with just one brand from the VW group (out of 12).

Edit: According to VW's news site "Volkswagen delivered around 5.3 million vehicles in 2020". That does not include vans or trucks.

Tesla likely won't survive as a car company when other car makers stop needing their emissions certificates. Tesla would be deep in the red today if it didn't live off other income than cars. Look at their official numbers if in doubt. In 2025 Tesla will likely be an investment firm selling some cars.

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2. imtringued ◴[15 May 21 13:21 UTC] No.27164961[source]▶
>The other is selling more cars than anyone else. It's less than 500.000 cars a year versus 2.8 million cars with just one brand from the VW group (out of 12).

Plus 231600 EVs sold in 2020 across all brands. It's no longer a battle between an EV company vs an ICE company. It's a battle between an EV company vs an ICE+EV company where the EV portion alone is half the size of the first EV company.

https://www.motorauthority.com/news/1130931_vw-group-sold-al...