The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.
Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …
TSMC Arizona chip plant will be a paperweight, says analyst
Tag: reshoring
Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State
The manufacturing project became infamous when former President Trump broke ground at the site and red flags became immediately apparent.
Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State
Related:
Trump promised this Wisconsin town a manufacturing boom. It never arrived.
Roughly 100 homeowners and farmers were forced to move, sometimes under threat of eminent domain, so their properties could be bulldozed to make way for the campus, according to residents and village officials. The village paid more than 40 percent over market value for that land, officials noted.
[02-2023] Biden to require chips companies winning subsidies to share excess profits
WASHINGTON, Feb 28 (Reuters) – The Biden administration on Tuesday said it will require companies winning funds from its $52-billion U.S. semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare.
Biden to require chips companies winning subsidies to share excess profits
[2020]: Would China Invade Taiwan for TSMC?
Our previous article explained the importance of the Taiwanese firm TSMC as a critical link in the global semiconductor supply chain. Although it is not the only firm with the ability to manufacture cutting-edge logic chips, TSMC is the only viable choice for chip design companies in many situations, and under normal market conditions is likely to remain so for years to come. Control of TSMC’s foundries in Taiwan might thus appear a decisive factor both in Beijing’s readiness to risk attempting unification through force, and for other states deciding whether to take a strong stance against this.
Would China Invade Taiwan for TSMC? (archived)
America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage + manufacturing chips in the US could make smartphones more expensive
America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage
Another possible fix would be to keep people in the workforce longer, by raising the age at which workers can begin collecting Social Security or tapping into their pensions or 401(k)s. Yet Harry Holzer, a former US Department of Labor chief economist now at Georgetown University, says that neither feels politically feasible right now. Immigration has been a toxic issue in American politics for years, and Social Security has long been an untouchable entitlement. “None of that is doable,” Holzer says, which means “our labor force growth is going to continue to be modest.”
Related:
How manufacturing chips in the US could make smartphones more expensive
Morcos says a top concern of his is the narrowness of the CHIPS Act. Without bringing related device manufacturing back to the U.S., such as device batteries, sensors, cameras, antennas, and hundreds of other components, the manufacturing process could require the most critical component to be produced stateside, then shipped overseas to be assembled with hundreds of other components into a device that is then shipped back to the U.S. for the American consumer.
Work longer, for less pay, and you still won’t be able to afford the latest smartphone or laptop?! 🤷🏼♀️
China meets American hegemony head-on
In a rare scathing essay, Beijing’s foreign ministry has blasted Washington’s continued attempts at world domination
China meets American hegemony head-on
Related:
No holds barred as China launches frontal assault on American dollar hegemony
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Uyghur Forced Labor Camps are the New WMDs in Iraq
In November 2022 The Breakthrough Institute (BTI), drawing from Academia, NGOs, and the UN, released a report, which others digested, on the supposed inextricable link between the solar industry’s supply chains and Uyghur slave prison labor in China. China denies such claims. The report praises initial moves by the US and the EU to counter these allegedly ongoing human rights violations and extols countries and the solar industry to move the various parts of its manufacturing process out of China. As the fight for nuclear and responsible renewable energy development intensifies in the US, this narrative is gaining traction as another tool to counter the 100% renewable extremists. However, the US also has a prison slave labor problem, one that it does not even deny. We are also in a time of ratcheting tensions between the US and China, in which these narratives would be useful in stoking anti-China sentiments. However, bringing up these facts in a simplistic argument leads to the inevitable accusation of whataboutism and little else. As such, it is worth making a more longform argument which clearly lays out the current conditions of slave labor in both countries. Once it is shown that China has progressed further along in the abolition of slavery than the US, it will be clear how this narrative is just another in a long list of anti-Chinese propaganda.
Uyghur Forced Labor Camps are the New WMDs in Iraq
Video via C Ozmun
Related: Xinjiang
Ms. Cat’s Chronicles 
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