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The danger to the US, European Union and India of concentration of chip production in Taiwan
06/20/2022
Concentrating 92% of chip production that powers cell phones, laptops, computers in Taiwan makes no sense. Five fabs are concentrated in just 1 Science Park- Hsinshu Science Park in Taiwan. A missile attack could take out half of the world's chip supply. After Ukraine the US, EU and India, South Korea, Japan need to take this seriously. Action taken now will bring results over 3-5 years. The Free World depends on creation of new supply chains using manufacturing in the US, EU, India and Japan.
Linked Articles
Opinion | China Is Losing Its Bet on Chips
WSJ 06/20/2022
Opinion | Semiconductor Dependency Imperils American SecurityWSJ 06/20/2022
Wage hikes and excess demand for labor in China in 2012-2013 reduce the need for Stimulus
03/14/2012
The need for stimulus to keep jobs for migrant workers and maintain social stability does not exist in 2012 the way it appeared in 2008, when about 20% of migrant workers lost their jobs and wages for migrant workers fell by 10%, according to estimates by the Chinese Academy of Sciences and Stanford University. In 2012 there is excess demand for labor and reports show the efforts to reduce the 60 hour work week in some factories is running into problems with a shortage of labor. This means less need for stimulus that would aggravate problems in the housing bubble and inflation.
Linked Articles
China's Workers in No Need of Stimulation
Wall Street Journal 06/04/2012
China's Wage Hikes Ripple Across AsiaWall Street Journal 03/14/2012
Apple products at manufacturing plants in China and at retail stores in the U.S.- low worker pay and lack of future prospects
05/29/2010
The high margins for Apple achieved through a combination of keeping costs low- even at the risk of providing poor wage and working conditions for the majority of employees employed in the retail stores in the U.S. and in supplier Foxconn plants in China- and by a grasp for innovation and technology. The paradox of a well deserved image for pioneering in technological innovation and the indifference to working conditions and prospects for employees who add value in manufacturing and customer interface. This model of growth is a recent development, put in place after 1997. In 1995-1997 Apple was nearing collapse under Michael Spindler and Gil Amelio, as documented by WSJ technology reporter Jim Carlton in his book- "Apple- The Inside Story of Intrigue, Egomania, and Business Blunders." Steve Jobs returned as CEO in 1997 and set the future course and this model in place emphasizing design, his ability to grasp technologies that would appeal to customers, and hired Tim Cook to set up the manufacturing which had high rate of defects and higher costs. The model was as full of paradoxes, of genius combined with mediocre behavioursas the man Steve Jobs. Tim Cook has responded to criticism in 2012 by having the Fair Labor association audit Foxconn plants in China. Foxconn increased wages in 2012, shifted plants to the interior of China, and increased use of robotics.
Linked Articles
Wall Street Journal 05/29/2010
Apple Stores Army, Long on Loyalty but Short on PayNew York Times 06/23/2012
Escaping the Algorithm - Harmful effects on girls and the young of TikTok and social media
12/29/2021
If and how one can escape these algorithm based harmful social media platforms is the question posed by the WSJ series on TikTok, Facebook, others in 2021.
Linked Articles
The TikTok Spiral, Part 1: Descent - Tech News Briefing - WSJ Podcasts
WSJ 12/27/2021
The TikTok Spiral, Part 3: Escape the Algorithm - Tech News Briefing - WSJ PodcastsWSJ 12/29/2021
Pfizer and Merck organize R&D using international innovation hubs- 2011-2015
05/02/2011
Efforts to tap into the latest external science at universities and research centers outside company labs is leading pharmaceutical companies to try a different approach to R&D. Pfizer closed its R&D facility in Sandwich, England and opened one in Cambridge. It opened hubs in Boston, La Jolla. Merck has followed this approach with a decision to setup innovaton hubs in Boston, San Francisco, London and Shanghai.
Linked Articles
Merck Plans Radical Overhaul of Drug R&D Unit
Wall Street Journal 12/28/2013
Life Beyond Lipitor for Pfizer ChiefWall Street Journal 05/02/2011
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