Comments by "tooltalk" (@tooltalk) on "Bloomberg Television" channel.

  1.  @CanTho2022  nice try LOL. There are over 270+M cars in the US. Good luck selling EVs in places with no full electrificity, much less paved roads.
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  2. Mr. Nathan Rich, does that mean your call was not spied on by the CCP?
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  3.  @dann5515  How would China get rid of Apple? Apple is the largest exporter of smartphoens out of China. China's export would collapse.
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  4.  @vgstb  Oh the CCP's national motto -- the century of humiliation is alive and well. LOLL
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  5. >> bring the Chinese in to bring the price down and that’s good for the American consumers.<< No worries. The price of EV batteries will come down when they are produced locally at scale. >> And don’t just wait for the next gen battery tech to leapfrog everyone else, << And of course, the last thing you want to do is to bring China's cheap, inferior LFP batteries. >> I would think the battery tech from China will still be useful 20 years later << China is actually very much behind the Japanese or the Korean with whom the US is collaborating to build domestic battery industry.
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  6.  @lagrangewei  : no.. most modern LIB patents are owned by Japan and South Korea after the 90's. America's contribution was during the early development phase of the battery days: 70's - 90's. Americans made many seminal breakthroughs, but they weren't all that interested in commercializing them until SONY did in the early 90's. China had virtually none and instead forced the Japanese/Koreans to "waive" their IPR (right to assert patent rights) in order to access to China's local EV market to shield local companies' IP theft (from patent lawsuits). After they finally acquiesced to China's illegal demand to gain access to China's local market however, the Chinese gov't removed all subsidies to EVs with batteries from foreign battery makers and coerced all EV OEMs to use local batteries by local batteries companies to protect BYD/CATL and other local battery makers.
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  7. Not sure what you mean. Most of these chips made at SMIC and Cambricon, etc are made by TSMC and ASML and others in the West. Let's not also forget that SMIC itself is a creation of former TSMC engineers like Liang Mong-Sang. You guys make it sound like China is organically developing their own chip industry.
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  8. I don't think it's all bad to assert national supremacy or whatever they feel like. Trump can do this because of the thriving US economy and lowest unemployment. Abe's got nothing.
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  9. Well, not really. The US always kept Taiwan at arm's length because of America's relationship with China. Of course, it's a completely different story now.
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  10. ​ @eduardoking8402  I agree with Trump's foreign policy in general, but the US needs Taiwan to keep China out of the Pacific.
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  11. the sooner you stop denying that fact that there is de-coupling going on, the sooner you would come to accept the reality.
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  12. No. The US countered China's anticompetitive, discriminatory NEV policies since 2016 in reciprocity. The EU likewise has been fighting back aginst China's illegal trade practice since 2018 (see EU's WTO dispute wr: EV - WT/DS549).
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  13. overcapacity is a real problem because it's gov't funded.
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  14.  @赵国震  >> This is a man who has evolved for 5,000 years<< then occupied and ruled by foreigner half their history.
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  15. You apparently have never used their public transportation.
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  16. >> EV's are a limited vehicle. << At this moment, they are optimized for low-range, "urban" range. That works fine for markets like China or Europe, but not the US. The EV batteries would have to be more energy density efficient and cheaper for that to happen in the US, which means another year or two.
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  17.  @nshon7  Foreign battery makers such Panasonic, Samsung, LG, etc have been in China much longer, pre-2015, but no access to local market. So please stop pretending that China is open: China’s Road to Electric-Car Domination Is Driven in Part by Batteries But foreign auto makers and experts say it has set up the market to favor domestic suppliers. Trefor Moss, Oct. 21, 2017:
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  18. No worries. China hasn't allowed foreign battery makers in local EV market since 2016.
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  19. ​ @FabioCapela  >>> The Chinese "subsidies" seem to be mostly grants meant to speed up development and production ramp up; << All subsidies are jgeared towards speeding up EV adoption, production. In China, it was mostly towards local companies only; no EVs with foreign batteries for instance qualified for subsidies to protect local battery companies, eg, CATL/BYD>
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  20.  @joey3291  BTW, you are not wrong that Biden's IRA which requires local sourcing/manufacturing is based on China's discriminatory, anticompetitive practices since 2016 under MIC 2025. The point is to counter China's every subsidy malpractice with equal response.
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  21.  @DouglasW-m9z  it's called the WTO. You might remember that China begged to join the WTO back in 1995 was rejected for good reasons.
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  22. ​ @lawrenceng2271  >> US wanted "rule-based order" according only to the American-devised rules. ... << Yes. China was never held at a gun point to join the WTO. China BEGGED to join the world order created by the US / EU (and to serve their own interest) after the fall of the Berlin Wall and the total collapse of China's command control economy. China promised to adhere to the rules developed by the West and to the West liberal values, however imperfect, promoted within. China makes enormous amount of money in trade surplus with the rest of the world, but China insists on cheating and lying to dominate the global market. All China had to do was to comply with the rules as defined under the WTO and get rich. Instead China now wants to become the world's hegemo destabilizing the Asia and distorting the global market in quest for domination.
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  23. ​ @IOomoOl  >> And to give you an example, when The Americans banned Huawei they banned it because they couldn't compete, << I actually used to work in the computer/network business and I have to say that you are mostly very wrong -- you don't know anything at all about daily security threat from China or tech behind it. Part of the problem is that it's really difficult to maintain network security not completely under your control -- and most these network devices are inherently insecure. While I have never been personally involved in any incident with Huawei, it never made sense to depend on any Chinese companies, especially those with close ties with the Chinese military for wireless network infrastructure. You need to stop stating that it is anything other than security threat clearly present in all Huawei wireless network equipments.
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  24.  @IOomoOl  Also, remember that the US doesn't compete in the wireless infrastructure business -- all major network players are either the Nordic (Nokia, Ericsson) or South Korean (Samsung). There is no local industry to protect, or even compete, contrary to your flawed narrative. Cisco is more of a #1 commodity network provider at this point and Qualcomm is mostly on the mobile chipset side of things where they are #1.
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  25. There is really no Chinese competitors with mass production capacity. Besides, the two South Korean giants with 70+% of the global market share have warehouses overflowing with unsold memory chips.
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  26.  @siam5956  tariff definitely works.. It's just that Trump is not getting much out of Apple. Apple is going to continue to make/import iPhones in/from China as usual.
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  27. China doesn't believe in or practice competition. They just subsidize their local industry to fllod the market, undercut foreign competitors in markets abroad to eventually "dominate."
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  28.  @premiumroach495  autocorrect. Meant to say patent infringement.
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  29. nice shirt
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  30. For Apple, it's a fairly routine PR response to any criticism; remember bendgate, antenna gate, GPU gate, etc.. their initial reaction is always to deny, deny, deny...
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  31. nothing to do with Musk.. This year 2024 is going to be a rough year for a lot of EV companies.
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  32.  @moxinghbian : he's just a wumao trainee. LOL
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  33. LOL China still depends on the West/Japan for almost 90% of semiconductor manufacturing equipments (eg, ASML) and has yet to organically develop their own that competes with EUVs. SMEE has the the most cutting edge lithos "organically" developed with parts and expertise from Japan and it's 3-4 generations behind. Good Luck. LOL!. Just one more thing, China has had space/long-range missile program since 1960's.
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  34.  @tkw3864  : LOL It's clear that you are a layman who doesn't understand how the semi manufacturing industry works and these numbers reported are in fact signs of decline, not progress.. Whatever helps you sleep better.
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  35.  @jatwangismyname900  : LOL! I just explained that China's semi manufacturing industry can't move forward without their manufacturing equipment supply-chain (almost 95%>) which is almost entirely outside China, and you still don't get it. LOL!
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  36.  EMAN67:RP forum  : you guys really have no idea what's going on. The US has not cut the supply chain -- their sanction only applies to the cutting edge EUVs nodes. China still has access to processing nodes larger than 7nm DUVs and I'm guesing the US hasn't banned it b/c it was relatively fairly old and still generate revenues for American based suppliers. China's most cutting edge processing node is 28nm by SMEE -- developed with Japan's parts and expertisse and they are good for building auto-parts and other ancient stuff.
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  37.  @AK-pt8he  you have no idea what u are talking about.
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  38. nobody is buying them. In Japan, BYD is already thinking about pulling out.
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  39.  @chinggiskhan6678  : that was a sarcasm. China is obviously freaking out over America's sanction. And they should -- China depends almost entirely on imported talents and supply-chain for what little they have now and that door is now closing. They still don't have their own indigenuous talent or experience.
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  40.  @ASK-ko9qx  : LOL! China's most advanced lithos are made by SMEE and they just announced their first 28nm early this year. And the sad part is it's not even based on their indigenuous know-how -- most parts and expertise come from Japan's declining DUV industry. SMIC's manufacturing equipments all come from the US/Japan -- this is not surprising considering that TMSC also depends almost entirely on foreign supply-chain for manufacturing chips. Lastly, 40+nm processing is mainly for your refrigrators, TVs, and air conditioners, not for datacenter/smartphones/AI, etc.
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  41.  @ASK-ko9qx  : there is no "indigenous" -- the Taiwanese engineers running China's chip industry are not "indigenous." China can't make jack without foreign engineers or manufacturing equpments. LOL
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  42. Sure, it's largely thanks to Bill Clinton in the 90's, much of America's key space/rocket technologies were transferred to China. China had no break through in space technology until 2000's and, without the Clinton/Gore's open China policy, China would have never dreamed about going to the space.
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  43.  @LordHilpolithRothschild  over 95% of all key components in Apple iPhones exist outside China. This is exactly why Samsung was able to pull out of China back in 2019 without disruption or anybody noticing. There is no market/competition in China.
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  44. China Farley.
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  45. You mean like China's friend neighbors such as Vietnam, the Phillippines, India, Australia, etc?
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  46. Foreign battery makers still don't have access to China's local EV market after the CCP practically banned them to protect BYD/CATL and forced all EV OEM to use locally made batteries by local companies only since 2016.
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  47. Blackrock disagrees.
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  48. Yes, Elon Musk, along with Tim Cook.
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  49. Your $0.50 army must be getting rich these days.
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  50. good idea! China is going to miss out on the most lucrative auto markets, the US/EU, in the world!!
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