Comments by "" (@timogul) on "The Wall Street Journal"
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@venture.brothers China can't do it, but they can steal IP form companies that can. And again, the manufacturing is not a knowhow issue, it is an infrastructure issue, you have to actually build these multi-billion dollar plants, and TSMC has, we have not. It's not that other countries can't do it, it's that they chose to not do it, because outsourcing that expensive process to TSMC made much more financial sense than building their own plants.
That's the thing about free markets, they flow towards maximized efficiency, but often they get caught up in "best case scenarios," that if everything works as intended, here is the benefit we'd get, but if there are any disruptions to that plan, then it can pile up into massive problems, as we saw a few years back.
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