Kunpeng Project
China and the United States compete for TSMC, and the capital acquisition is ineffective, and there is only one way left
Your support is my motivation, click to follow, get more financial information, learn financial knowledge, and understand finance.
Fighting against time: the battle between China and the United States, the battle for TSMC, and the war between China and the United States for chips.
In the current environment of high-tech war between China and the United States, the rise of the semiconductor industry and the monopoly of the industry are particularly prominent. TSMC is at the core of the current competition between China and the United States, and it is also the world's most advanced semiconductor manufacturer. The competition between the two companies is not just to seize the market, but to seize the new technological heights. Therefore, how the game between China and the United States will unfold and how China will respond, let's take a look.
Expansion: With the gradual formation of the power structure of the world's high-tech industry, the competition between Shenzhen and Silicon Valley is intensifying. In the contest between China and the United States, chips are at the forefront of digital technology development and the focus of competition between the two countries. In this competition, TSMC, which is in the leading position in the world, has become the object of competition. The competition between the two companies is no longer just about seizing the market, but about technology. In this game, what kind of trend will be presented, and what kind of reaction will China make, let's go together.
M&A strategy for foreign investors in China.
Unlike the United States, Chinese mainland investment strategies have always been considered prudent and sensible. In addition to the armed reunification of Taiwan, Taiwan's most valuable thing is its complete industrial chain and scientific and technological resources. In light of this, China has adopted a prudent capital buying strategy, believing that money is better used to solve problems than violence. However, in this process, Zhao Weiguo, chairman of Tsinghua Unigroup, tried to use capital operation to expand his ambition in the chip industry, but it also made us realize that it is not enough to rely on funds to obtain core technology. In fact, the reason why China did not adopt capital mergers and acquisitions to solve this deadlock is because TSMC has long been under the control of China's Taiwan company, so China does not interfere much with it. As a result, China's capital M&A strategy has failed, and China has failed in this competition.
Expansion: Chinese mainland's judgment of the situation has always been known for its prudence and wisdom compared with that of the United States. For China, it is not easy to buy the best SMC, in addition to the reunification of Taiwan by force, Taiwan's most valuable thing is its complete industrial chain and scientific and technological resources. In light of this, China has adopted a prudent capital buying strategy, believing that monetary solutions are more effective than violence. However, in this process, Zhao Weiguo, chairman of Tsinghua Unigroup, tried to use capital operation to expand his ambition in the chip industry, but it also made us realize that it is not enough to rely on funds to obtain core technology. In fact, the reason why China did not adopt capital mergers and acquisitions to solve this deadlock is because TSMC has long been under the control of China's Taiwan company, so China does not interfere much with it. As a result, China's capital M&A strategy has failed, and China has failed in this competition.
The trap of high subsidies in the United States.
The United States has always been represented by high subsidies and temptations, and its manipulation of TSMC is even more superb. The U.S. operational strategy began with intimidation, which created an atmosphere of opposition to China by creating a nervous state of mind on the Taiwan archipelago. TSMC aims at the most important point in the development of enterprises, that is, "the United States is the safest", and the United States uses this mentality to trumpet that "only the United States is the safest". The United States even threw an olive branch to TSMC, saying that as long as it sets up a factory in the United States, it will get the support of the best and thus obtain the greatest profits. For TSMC, this promise is undoubtedly very powerful, because there is nothing safer and cheaper. However, TSMC's core capabilities are still a problem, and TSMC knows that in order to gain a firm foothold, it must have its own core technology. The United States is well aware of this, and they use the method of "setting up factories, subsidy, and not involving core commodities" to circle TSMC in their pockets. However, due to a series of events such as political turmoil and benefit distribution in the United States, TSMC did not receive the expected subsidies, nor did it achieve stable development in the United States, and finally declared bankruptcy.
Expansion: The United States has always been represented by high subsidies and inducements, and its manipulation of TSMC is even more superb. The U.S. operational strategy began with intimidation, which created an atmosphere of opposition to China by creating a nervous state of mind on the Taiwan archipelago. TSMC aims at the most important point in the development of enterprises, that is, "the United States is the safest", and the United States uses this mentality to trumpet that "only the United States is the safest". The United States even threw an olive branch to TSMC, saying that as long as it sets up a factory in the United States, it will get the support of the best and thus obtain the greatest profits. For TSMC, this promise is undoubtedly very powerful, because there is nothing safer and cheaper. However, TSMC's core capabilities are still a problem, and TSMC knows that in order to gain a firm foothold, it must have its own core technology. The United States is well aware of this, and they use the method of "setting up factories, subsidy, and not involving core commodities" to circle TSMC in their pockets. However, due to a series of events such as political turmoil and benefit distribution in the United States, TSMC did not receive the expected subsidies, nor did it achieve stable development in the United States, and finally declared bankruptcy.
Brief summary. The competition between China and the United States around TSMC seems to be a game of capital mergers and acquisitions and high subsidies on the surface, but in fact it is a contest of technological innovation and technological independent development capabilities. Funds can promote the rapid development of the industry, and the first subsidy can reduce the production cost of the enterprise, but only by relying on its own technology can an enterprise become truly strong. Political factors and economic interests are intertwined, but if you want to win in the competition, the biggest possibility is your own scientific and technological strength and creativity. China and the United States must recognize this fact and use their technological power for long-term development. Our country, on the other hand, should invest more in independent innovation in science and technology and strengthen its own research and development capabilities in order to gain an advantage in the world's scientific and technological competition. It is hoped that China's high-tech industry, especially in semiconductors, will soon be able to stand out and gain an opportunity for rapid development.
If you want, just pay attention, and we will discuss financial issues with you from time to time.